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
Codes and Standards | Mar 5, 2020
France to mandate all new public buildings be 50% timber or other natural materials
Measure would go into effect by 2022.
Codes and Standards | Mar 4, 2020
American Concrete Institute and Precast/Prestressed Concrete Institute expand partnership
Will collaborate on new code requirements.
Codes and Standards | Mar 3, 2020
Wallcoverings industry releases product scorecards concerning sustainability
Tool adds more transparency to certification.
Codes and Standards | Feb 28, 2020
Bay Area communities struggle with what to do about rising sea level
Policies include sea walls, levies, and relocation.
Codes and Standards | Feb 27, 2020
Cell phones present a safety hazard at job sites
Use of ear buds, headphones banned by some contractors.
Codes and Standards | Feb 26, 2020
American Concrete Institute releases 2020 codes, specifications, and practices
ACI Collection features guidance on structural concrete construction and rehabilitation.
Codes and Standards | Feb 25, 2020
New ISO standard for optimizing building use and reusing and recycling components released
Aim is to realize full potential value of a building throughout its life cycle.
Codes and Standards | Feb 21, 2020
Architects push back on proposed uniform design mandate for federal architecture
AIA speaks out against measure.
Codes and Standards | Feb 20, 2020
City-owned buildings to go carbon-free in Los Angeles
Mayor commits to goal for new and extensively renovated structures.
Codes and Standards | Feb 19, 2020
Public is willing to volunteer to maintain green infrastructure
Perceived benefits make residents willing to help public works departments.