illinois--No one wants to be a BOD

Started by MichaelJ8 • 7 replies • 1328 views

💬 Join us to post & get advice from 50,000 HOA & Condo leaders.

⚡ Takes 30 seconds

Already a member? Log in

MichaelJ8 (Illinois)
Posts: 113

Posted:

I read on this sight that a judge can appoint someone to over see the assoiciation and that person can charge want he wants. Is it possible that someone can show me the law on that? If not i will have to contact an attorney (I am trying to keep from paying an attorney) I am aslo hoping i can convience people to run. Thanks for any help.

BonnieG1 (Nebraska)
Posts: 1,186

Posted:

I read in the book "New Neighborhoods" that if there are not enough people who volunteer to be on the Board then the Condominium needs to go into receiver shipe. And yes this is very expensive. The courts would make the decision.

TimB4 (Tennessee)
Posts: 21,059

Posted:

Michael,

The process is called receivership.

Typically this won't happen automatically. It would require someone from the Association to file a petition with the court or some legal action (perhaps from not paying bills) that would bring the issue to the courts attention.

A quick internet search only pointed to IL 735 ILCS 5 Code of Civil Procedure. Section 15-1701 which discussed mortgages. You might try looking within IL corporate code.

Tim

SusanW1 (Michigan)
Posts: 5,202

Posted:

It would be very much like the court appointing a guardian or giving power or attorney to someone. They would make decisions and arrangements for you because you are not able to do so yourself.

Sad, sad for a community of owners.

PetunkaM (Florida)
Posts: 1,009

Posted:

Michael,

you cannot find two more willing souls to help you out? How large is your community? And, how many man-hours per months do you estimate it requires managing it? Before going to any attorney, perhaps a short letter to the membership explaining the management options you have and attaching the cost associated with each option would help? Money speaks.

MichaelJ8 (Illinois)
Posts: 113

Posted:

There is only 17 owners. Out of the seventeen maybe and i stress maybe 4 would help. We need 2 on the board,(developer would be the third), president, vice president, secretary and treasure. We are taking over from the developer. I can not find a property manager to see what he would charge. Very very frustrating.

MichaelJ8 (Illinois)
Posts: 113

Posted:

I would also like to add that almost everyone here is 65 or older. Some are unable because of health, some leave for months at a time, and some just say NO, i will not. I truly believe that most of them did not know what condo living meant, especally associations.

BonnieG1 (Nebraska)
Posts: 1,186

Posted:

I moved in when I was 60 and I had not idea what I was getting into. If I had I might have opted for a senior apartment buidling.

🎯 You've read this entire discussion

Join the conversation with 50,000 HOA & Condo Leaders:

✓ Ask follow-up questions
✓ Share your experience
✓ Get expert advice
✓ Access 350,000 discussions

Create Free Account →

⚡ Takes 30 seconds

Already a member? Log in here