When: July 28, 2011 from 6pm to 8pm
Where: Truman College, 1145 W Wilson, Room 1561
What: Ever wondered what is the impact of bank-owned units on associations? How do condominium associations cope with rampant foreclosures and deal with delinquent owners? Learn about the impact of foreclosures, how to protect the association's interest during foreclosure and how to avoid forcing a unit owner into foreclosure through collections activity.
What you will learn:
- Analysis of the Illinois Condominium Property Act
- Explanation of Different Governing Documents
- Dealing with bank-owned units
- Delinquency of Assessments
- Vacancy
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