‘Out’ With the Developer Controlled Board…


By Howard S. Dakoff, Esq. and Adam T. Kahn, Esq.


Navigating the Turnover Process


Every condominium association goes through a transition, known as “turnover”, where control of the board of directors (“Board”) passes from the developer to the unit owners—or more specifically the unit owner-elected Board. Per Section


36 | COMMON INTEREST®


18.2(d) of the Illinois Condominium Property Act (“Act”), turnover is triggered upon the earlier of (a) 75% of the units being conveyed; or (b) three (3) years after the condominium declaration is recorded.


• Fall 2022 • A Publication of CAI-Illinois Chapter


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