Blog
Explainers for Illinois board members, one question at a time.
- Can Owners Reject a Budget That Raises Reserves? Illinois's 115 Percent Rule
The Illinois condo budget 115 percent rule: when owners can petition to reject a budget, the 14 and 30 day deadlines, and how to phase a reserve increase.
Get a quote for your building
Tell us where the property is, what kind of association you run and when the last study was done. A provider who works on Illinois properties like yours then prepares a quote.
- No charge to the association for the introduction.
- You see who the provider is before anything is passed on.
- The study fee is agreed between your board and the provider.
We are a matching service, not a reserve study firm. We find a provider, name them to you, and send your request only once you agree. Providers pay us a fee for each introduction.
Thank you. Your board's request is with us.
- Within one business day you hear from us, by phone or email, naming the reserve study provider we suggest for the property.
- Give us the go-ahead and your request goes to them; decline and it stays with us.
- The provider then contacts you to scope the study and quote. Your details are not reused for newsletters or promotions.