JCHudson1207
Junior Member
What is the name of your state (only U.S. law)? Illinois
I am interested in renting out a unit I own in a self managed building. Bylaws state that 2 units are to be rented out at any one given time and a lease agreement needs to be send to the board. We currently have 2 units being rented and I was on the board at the time and know they didn't provide proper documentation.
What can they do to me if I rent my unit out anyway? For the last 5 years I have lived there, they have failed to follow bylaws regarding providing financial information, open board meetings, and elections.
Any help would be appreciated! Thanks!
I am interested in renting out a unit I own in a self managed building. Bylaws state that 2 units are to be rented out at any one given time and a lease agreement needs to be send to the board. We currently have 2 units being rented and I was on the board at the time and know they didn't provide proper documentation.
What can they do to me if I rent my unit out anyway? For the last 5 years I have lived there, they have failed to follow bylaws regarding providing financial information, open board meetings, and elections.
Any help would be appreciated! Thanks!