Illinois Gov. Bruce Rauner vetoed a bill that he said would restrict condo owners' rights.
A law that took effect last year allows owners to override rules requiring the approval of 75% of owners. Some condo associations where developers hold unsold units, giving them seats on the board, have adopted a rule requiring 75% of unit owners in the building have to approve a lawsuit, according to a member of the Chicago Bar Association's condominium subcommittee.
For developments where the owner holds a significant percentage of units, the 75% threshold is rarely reached, preventing other owners from recouping the cost of repairs due to construction flaws. A recent change in the state's condo law made it easier for owners to sue if they wanted to hold their developer accountable. The governor’s veto preserves this change in the law.
According to Chicago Business, many of the thousands of condos built in the city during an early 2000’s building boom were poorly built. The faulty units reportedly had leaky windows or cracks in walls.
Related Stories
| Mar 30, 2014
Solar panels on Big Ben intended to spur U.K.’s sustainability targets
Solar panels may soon be installed on the face of Big Ben in London as part of the U.K.'s initiatives to reach its greenhouse gas emissions objectives under the Climate Change Act of 2008.
| Mar 26, 2014
EPA clarifies Clean Water Act in revision that was opposed by developers
The Environmental Protection Agency recently unveiled a rule designed to define more clearly which waterways are covered by the Clean Water Act and therefore require U.S. permits for certain activities.
| Mar 26, 2014
Better Buildings Initiative leading to tens of millions of dollars in savings annually, says DOE
Facilities across the nation have been able to shave on average about 2.5% of their annual utility costs through efficiency initiatives spurred by the federal Better Buildings Initiative, according to the Department of Energy’s Maria Vargas.
| Mar 26, 2014
Univ. of Nebraska-Omaha fire could prompt building code changes
A dormitory fire at the University of Nebraska at Omaha that displaced with 42 students (but caused no injuries) could trigger local building code changes.
| Mar 26, 2014
Associated Builders and Contractors wary of federal overtime rules changes
Associated Builders and Contractors (ABC) cautioned that President Obama’s directive to the U.S. Department of Labor to change federal overtime rules could harm its members.
| Mar 19, 2014
Oklahoma City mandates safe rooms in new schools
The move will affect 24 districts that have schools inside Oklahoma City limits.
| Mar 19, 2014
Green building standards can help building become more storm-resistant
Structures built to green standards have added resilience to destructive storms because green buildings are often constructed with stronger, more sustainable materials than traditional buildings.
| Mar 19, 2014
Ohio Senate passes rule to require state agencies use ANSI standards rather than LEED
The resolution specifically mentions LEED v4, and calls for the U.S. Green Building Council to conform to ANSI.
| Mar 19, 2014
Tucson ignores ADA, building code on city-owned property
The city has been operating a downtown dirt parking lot in violation of its own code and the federal law for years.
| Mar 19, 2014
Santa Monica, Calif., may offer LEED alternatives to help promote green construction
With developers in Santa Monica, Calif., looking for ways to build green more inexpensively, the city may consider alternatives to LEED such as Green Globes.
