Naperville Condo and Co-op Lawyers

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Condominium and Cooperative Law in Illinois

Condominiums and cooperatives are forms of "common interest" communities.

These residential communities are composed of a single piece of land, occupied by one or more buildings, each of which contains more than one housing unit. The units are owned or leased by the persons who live in them, but the buildings themselves, and the land they sit on, are owned either collectively by the residents, or by some third party. The residents are responsible for the upkeep of the buildings and the common areas of the property (walkways, lawns, swimming pools, etc.). To that end, they typically pay a periodic fee to cover maintenance.

If you just look at one of these communities, you won't be able to tell whether it's a cooperative or a condominium community.

There are no physical features distinct to either one, which can be used to distinguish them. Rather, the difference lies in the legal arrangement that regulates the relationships between the residents and managers. In condominium communities, the residents own the units they live in, and collectively own the land and buildings in which they are located. In a cooperative community, the units are rented, and are owned by a single entity.

Laws and Regulations Concerning Common Interest Communities in Naperville, Illinois

There are various laws in Naperville, Illinois that might be applicable to common interest communities. But most of these laws are not unique to common-interest communities. Rather, they usually concern zoning, land use, and contract law, which are applicable to most other types of real estate, as well.

The daily lives of residents, and what they are and aren't allowed to do in their residences, will be far more heavily impacted by rules and regulations that the homeowner's association, or the owner of the land, has imposed.

The land on which these communities sit is private property, so the owners have substantial leeway when it comes to setting rules regarding what tenants can and can't do on the property. These rules usually govern things like noise levels, cleanliness, long-term guests, and pets. They are often designed with the goal of balancing residents' rights to a clean and quiet neighborhood, with their individual autonomy.

Some rules set by property owners or managers may not be enforceable, however. For instance, in Naperville, Illinois, any rule which purports to exclude residents based on race, color, national origin, or religion will not be legitimate. There are likely some others, as well.

Can a Naperville, Illinois Attorney Help?

If you have a dispute with a neighbor, your landlord, or your homeowners' association, a reliable Naperville, Illinois real estate attorney can be instrumental in obtaining a desired outcome.

Talk to a Real Estate Law Attorney now!

Life in Naperville

Naperville, Illinois is a city in DuPage and Will Counties. It has a population of 140,000 people.

In 2006, Money Magazine

named Naperville, Illinois the second best place to live in the United States.

Naperville was founded in 1831 by Joseph Naper. Throughout most of its history, Naperville was a rural agricultural community. However, it began to experience a population boom in the 1960s, whichaccelerated in the 80s and 90s, with the construction of a major tollway into the Naperville, Illinois area.

Modernly, Naperville is in the heart of the Illinois Tech and Research Corridor, an area in which a large number of technology companies do business. It is sometimes called the Silicon Valley of the Midwest. Many of these companies, including BP, Nicor, and Nalco, employ large number of engineers, as well as administrative personnel. Many Naperville, Illinois lawyers are employed by these companies.

If you live in Naperville, Illinois and are in need of legal services, there are a large number of Naperville, Illinois attorneys who can help. A Naperville, Illinois lawyer will be able to advise you of your legal rights, and your chances of succeeding in your legal dispute.

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