What is the name of your state (only U.S. law)? Illinois
I live in one of 10 townhomes. There are two rows of townhomes, with 5 units each. Significant water damage was found in the other building. This damage is due partially to how the building was constructed 20 years ago, but there were many reasons (including old roofs, cracks in outside walls, etc) that led to the damage. Our row of townhouses has minimal damage. An owner in the other building is now wanting us to all pay equal amounts into special assessments in order to pay for the damage. However, an attorney we spoke to mentioned Illinois law that says if we do use special assessments to pay for it, owners have to pay the percentage of what was done to their home (for example, if unit A had $50,000 worth of damage, they have to pay $50,000 of the special assessments). What is the name/number of this law? I have been searching for it on-line but cannot find it. Any advice would be appreciated.
I live in one of 10 townhomes. There are two rows of townhomes, with 5 units each. Significant water damage was found in the other building. This damage is due partially to how the building was constructed 20 years ago, but there were many reasons (including old roofs, cracks in outside walls, etc) that led to the damage. Our row of townhouses has minimal damage. An owner in the other building is now wanting us to all pay equal amounts into special assessments in order to pay for the damage. However, an attorney we spoke to mentioned Illinois law that says if we do use special assessments to pay for it, owners have to pay the percentage of what was done to their home (for example, if unit A had $50,000 worth of damage, they have to pay $50,000 of the special assessments). What is the name/number of this law? I have been searching for it on-line but cannot find it. Any advice would be appreciated.