Stop Losing Money to
Unpaid Assessments
Take Control of Delinquent Units
Under
Illinois law, condominium and homeowners associations (HOAs)
have the right to take possession of units when owners fall
behind on assessments. Once in possession, your association can
collect rent directly from existing tenants or lease the unit
independently - applying that income toward the delinquent
balance.
Your
Association Could Be Left Holding the Bag
By law, new buyers are typically only responsible for the last
six months of unpaid assessments. Without prompt legal or
leasing action, your association may be forced to absorb the
remaining debt.
Professional
Leasing Support
We'll help your association
quickly lease your unit -
with
no upfront cost.
You only pay a commission once a qualified tenant (that you
approve) has:
-
Signed the lease
-
Completed all paperwork
-
Paid move-in fees and deposits
Need Legal Help?
If your
association doesn't already have legal counsel, we can refer you
to trusted attorneys who specialize in recovering delinquent
assessments. From demand letters to litigation, these lawyers
offer aggressive strategies - and in many cases, legal fees can be
recovered from the unit owner.
Why Work With Us?
We are independent of board and
building politics and we offer:
-
Over 30 years of specialized leasing experience
-
A high-impact marketing strategy ready to launch immediately
-
Seamless collaboration with your current property manager
-
Dedicated focus on fast leasing, not long-term management
Baird & Warner It's easier here.