Condo Law Watch

Get the latest legal updates from Tressler’s experienced HOA/Condominium & Common Interest Community Association attorneys.

Latest from Condo Law Watch

While independent parties continue to challenge the application of the CTA to condominium and homeowner associations, it still appears to apply. We recommend that associations hold off on its reporting requirements as we continue to obtain further clarity on the CTA as it seems to be an ever-evolving statute. To that, new guidelines for compliance were issued

Tressler attorney Katerina Tsoukalas-Heitkemper will be presenting with Sheila Malchiodi of Associa Chicagoland at the Illinois Chapter Community Associations Institute’s (CAI-IL) April 2024 Dedicated Community Association Leader (DCAL) Board Member Education program on Tuesday, April 30, 2024, in Schaumburg, IL. Their course is titled “Fair Practices in Your Community.” We look forward to a great program! 

As previously reported, new reporting requirements under the Corporate Transparency Act (“CTA”) went into effect in January 2024. These changes require certain corporate entities (including condominium and homeowner associations) to provide personal details of the individuals who exercise control over the company (i.e. members of the board of directors). In response to these new requirements,

We are pleased to invite you to our upcoming virtual Tressler Talk:Tressler Talks: Important Nuances in HOA Collections, Foreclosures and BankruptciesTuesday, March 5, 20242:00pm-3:00pm CT WebinarJoin Tressler’s experienced attorneys for this complimentary Illinois HOA board and property management training. Get ready for some cringe-worthy true stories from our popular presenters! Attendees will come

Tressler attorney Katerina Tsoukalas-Heitkemper will be speaking at the Illinois Chapter Community Associations Institute’s (CAI-IL) 42nd annual Condo-HOA Conference and Expo at the Donald E. Stephens Convention Center in Rosemont, IL on Friday, February 9, 2024. Kathy’s session is titled “Accomplish Your Mission! Learn How to be a Homeowner Hero.” We hope to see you there! 

The Corporate Transparency Act (“CTA”) is a federal law that was initially enacted in 2021 to prevent fraud and money laundering. Effective January 1, 2024, there are new reporting requirements regarding ownership under the CTA for certain types of corporate entities (arguably including condominium and homeowner associations). 

The CTA defines a “domestic reporting company” as “a corporation, limited

This holiday season, Tressler’s HOA/Condo Law Practice Group staff members Amanda Sandrik Carrillo, Christine Altemus, Diane Novosel and Catherine Skowron share their favorite traditions, memories and food. Check them out below. We hope you have a Happy Holidays and a joyous New Year!

Amanda Sandrik-Carrillo – HOA Practice Administrator

Favorite Holiday Movie: 

Christmas Vacation and A Christmas

We are pleased to invite you to our upcoming virtual Tressler Talk:HOA Board Basics – Annual Board Elections and Budget MeetingsThursday, October 5, 20232:00pm-3:00pm CT WebinarJoin Tressler’s experienced attorneys for this complimentary HOA board and property management training. This popular webinar is open to all, and attendees will come away with a deeper understanding of