Association Knowledge Bank

  • Finanical reports from your condo association

    How to Read the Association’s Financial Report

    A financial report includes information that association board members use to plan the community’s annual budget and direct its...

  • hoa property taxes

    Are you Association Material?

    Associations offer many benefits to residents. Most associations offer life-enhancing amenities like club rooms, a gym, pools, playgrounds and...

  • 10/30/2017 LMS Client Event Materials

    The following materials were distributed by speakers at LMS’s October Client Appreciation Event. Elliott & Associates Chicago Assessment Schedule...

  • Fall Into Winterization

    Today’s post is co-written with our LMS In Good Company partner, Giertsen Company of Illinois, which specializes in environmental...

  • Newspaper with LMS logo

    LMS Fall Newsletters Now Available!

    Informed, engaged board members and residents are our best clients. We work hard to develop a true partnership with...

  • Rock the Proxy Vote

    A proxy is a document authorizing a person to act on behalf of another person. When it comes to Association...

  • Running for the Board – Do you Have What it Takes?

    Fall is the time when we enjoy cooler weather, pretty leaves and everything pumpkin spice. It’s also the time...

  • How a Budget Committee Works

    The budget committee comprises members of a community association, which enables residents to have a say in how their money...

  • Avoiding Conflict With the Neighbors

    By the Community Associations Institute of Illinois We all can just get along. The key? Communication. It’s often the...

  • Property Profile: River North Commons

    Property Profile: River North Commons River North Commons is a modern, urban loft conversion condominium community in the lively,...