COMMON INTEREST COMMUNITY ASSOCIATIONS
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Is a homeowners association the same thing as a condominium association?
No.
The terms are frequently used interchangeably in everyday conversation, but Illinois condominium associations and common interest community associations are legally distinct forms of ownership and can be governed by different statutes.
That distinction matters.
What is a common interest community association?
Generally speaking, a common interest community involves non-condominium real estate in which ownership carries an obligation to contribute toward maintenance, improvement, insurance premiums, real-estate taxes or other expenses associated with common areas described in a declaration administered by an association.
Townhome and homeowners associations frequently fall into this category.
What law governs Illinois condominium associations?
The Illinois Condominium Property Act is the principal statute governing condominium associations in Illinois, together with other applicable statutes and the association's governing documents.
What law governs Illinois homeowners and townhome associations?
Many non-condominium associations are governed by the Illinois Common Interest Community Association Act, although statutory applicability should be confirmed rather than assumed.
Why does it matter which statute applies?
Because Board authority, meeting requirements, records obligations, voting procedures and other rights and responsibilities can differ.
Before answering a legal question, identify the association.