Can a condo Board change what a special assessment was collected for without another vote from the units paying the assessment?
West Dundee, IL
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Posted 18 days ago in Residential
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the condo association voted to approve a special assessment. Now the Board has informed the condo owners that they are going to spend the assessment money on something different. Is this legal?
Answers (1)Henry Repay
This attorney is licensed in Illinois.
Posted 17 days ago.
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You should review your Declaration and By Laws and the minutes of the meetings in which votes were taken. I recommend gathering the documents and arranging a consultation. If there are other owners concerned, you may be able to pool resources.
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