Get the latest legal updates from Tressler’s experienced HOA/Condominium & Common Interest Community Association attorneys.
In recent years, there has been a notable increase in foreclosure sales resulting in surplus funds due to rising property values. This trend presents opportunities and challenges for Illinois condominium and homeowners associations (HOAs) seeking to recover unpaid assessments and other charges.
What Are Surplus Funds?
Surplus funds are the excess proceeds from a foreclosure…
Spring is finally here! Illinois homeowners are eager to spruce up their yards and now have more freedom to cultivate native plants on their property. In recent years, there has been a push for more sustainable, eco-friendly living which in turn has influenced both private and public sectors. The need for pollen and nectar-rich plants has gained momentum…
Join Tressler’s experienced HOA attorneys for this complimentary webinar to learn about the litigious nature of condominium and community association owners and the use of alternative dispute resolution (ADR) methods to avoid a lawsuit. HOA litigation creates a significant burden on members of a community and poses a financial risk when the outcome is weighed…
On March 2, 2025, the Treasury Department announced the suspension of the enforcement of the Corporate Transparency Act (CTA) against U.S. citizens and domestic reporting companies. The Treasury Department will be issuing proposed rules that will narrow the scope of the CTA to foreign reporting companies only.As a result, community associations are no longer required…
On February 17, 2025, the United States District Court for the Eastern District of Texas granted the government’s motion to stay the nationwide injunction that previously halted enforcement of the Corporate Transparency Act (this was the second case with a nationwide injunction having been issued). The Court cited the Supreme Court of the United States’ decision…
Tressler is excited to welcome Justin Kaplan as a partner in our Condominium and Common Interest Association Law Practice Group in Chicago.
“I am thrilled to join Tressler LLP and become part of a team that has built a reputation for excellence in both legal expertise and client service,” said Justin Kaplan. “I look forward to…
Tressler attorney Katerina Tsoukalas-Heitkemper will be presenting at the Illinois Chapter Community Associations Institute’s (CAI-IL) 43rd annual Condo-HOA Conference & Expo on Friday, February 21st at the Donald E. Stephens Convention Center in Rosemont, IL. Her presentation is titled “Juggling Real Estate Transactions: Working Together to Ease the Process.” Katerina Tsoukalas-Heitkemper, Kathryn A. Formeller and…
On August 9, 2024, Governor Pritzker signed SB 2740 into law. The Bill creates a new Section 18.12 of the Illinois Condominium Property Act (the “Act”) that went into effect on January 1, 2025. This update to the Act addresses accessible parking for individuals with disabilities within condominium associations. This does not apply to associations…
We have yet another wild development with the Corporate Transparency Act: Filings are now voluntary and not subject to fines for failure to comply.
On December 26, 2024, the full panel of judges of the Fifth Circuit Court of Appeals issued an order vacating the stay of a preliminary injunction halting reporting compliance under…
Late afternoon on December 23, 2024, the Fifth Circuit Court of Appeals lifted the District Court’s nationwide preliminary injunction against enforcement of the Corporate Transparency Act (CTA) in the case of Texas Top Cop Shop, Inc., et al. v. Garland, et al., No. 4:24-cv-00478 (E.D. Tex.).
As a result, the following CTA deadlines are once…
