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CONDOMINIUM CONVERSIONS
We have experience representing developers for condominium conversions throughout the Chicagoland area in accordance with the Illinois Condominium Act. Our condominium conversion services include:
- Preparation of a Conversion Plan for a Planned Unit Development
- Representing the Development Plan to the Public
- Conversion of Existing Title to Condominiums
- Documentation Required for Discharge of Existing Mortgage Liens
- Communication with Local Lenders
- Preparation and/or Review of Condominium Documents, including:
- Tenant Notices
- Condominium Purchase Agreement
- Articles of Incorporation and Bylaws
- Warranties
- Declaration of Condominium Ownership
- Homeowner's Association Bylaws
- Budgets
- Plats and Surveys
- Management Agreements
- Fidelity Insurance
Mr. Kumor has experience working with conversion of existing structures to condominiums, which facilitates transition of ownership, as well as management of the newly formed condominium association.
Please feel free to call or e-mail us if we can be of assistance.
CHICAGO
(773) 625-2200
(773) 625-2220 FAX
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SUBURBS
(847) 426-2900
(847) 426-2907 FAX
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