KarenS17 (Illinois)
Posts: 4
Posts: 4
Posted:
The latest discussion that I can see on this is 2007, so I am posting this question. We are a small association of 9 owners in Illinois. Currently there is one rental...a long time rental and we have no problem with this. We want to amend our bylaws to prohibit any future rentals. Our problem is that one unit is going into foreclosure, so we would like to speed this up. Obviously, it the unit goes to auction it will be picked up by an investor and we don't want that. Getting a majority of voters will not be a problem...6 of the 9 are a definite vote for this.
What we don't know is what we do/how to accomplish this. We don't have funds to hire an attorney to write it. Is there any verbage available that we could use, then just hire the attorney to "formalize it"???
Thanks very much..
What we don't know is what we do/how to accomplish this. We don't have funds to hire an attorney to write it. Is there any verbage available that we could use, then just hire the attorney to "formalize it"???
Thanks very much..