IDFPR Publishes Resource on Legal Responsibilities of Condominium Association Board Members

The Illinois Department of Financial and Professional Regulation (IDFPR) Division of Real Estate (DRE) recently published the “Rights and Responsibilities of Association Board Members” to explain the legal responsibilities of condominium and common interest community property boards. 

The publication includes general information regarding governance documents, board structure, elections, general powers, meetings, surplus and deficit, special assessments, financial disclosures, insurance, records, and disclosure.  

Additional publications and resources are available on the Illinois Condominium and Common Interest Community (CCIC) Ombudsperson’s webpage.