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Condo association denies owner right to see bank statements

| Budgets & Finance |   Board of Directors |  


Question:

I live in a 420 unit town home community in Illinois, the lawyer for our condo association says we are not governed by the condo act and therefore my request to see bank statements was denied. Our by laws says we are a not for profit association. I am very concerned about our financial situation and from my research I believe the condo act supersedes . Am I correct?


Answers (11)

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