Keough & Moody, P.C.

 

Chicago                                                                                                                          Naperville

312-899-9989                                                                                                                630-369-2700

info@kmlegal.com                                                                                                         www.kmlegal.com

Volume 4 Number 7 August, 2015 
In This Issue
Quick Links
  
This month our feature article discusses the growing AirBNB industry and its impact on associations.

Our September seminar series in Naperville will focus on common myths and urban legends about association living and management.  Attend to determine fact or myth...law or legend?  Please ch eck out our event schedule below for information on upcoming events and educational opportunities. 

It is our pleasure to provide you with this newsletter and the information therein.  We welcome your suggestions for articles or other content which may benefit you.  Please feel free to respond to this message and we will gladly consider all comments. 

 

Lindsey Daehnke
  Marketing Coordinator
   Keough & Moody,P.C.

 
What does AirBNB mean for Associations?
By Andrew K. Scott

The internet changed the marketplace for goods and services. People no longer rely on retail stores to purchase items, travel agencies to book vacations, or taxi cab companies to provide transportation. Since its debut in 2008, AirBNB likewise cuts out the hotel middle man in providing people with lodging in others' homes. Like an Uber for a place to sleep, AirBNB is a marketplace that allows prospective hosts to find prospective guests to rent a living space for a night, a week, or even longer. As with many of the innovative social concepts from the internet, AirBNB poses a host of new legal issues, including those for condominium associations.

The question for the association is: can owners rent their units to strangers on the internet? The answer  read more

  
Upcoming Opportunities 
to meet attorneys and staff from

Keough & Moody P.C. include:

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Keough & Moody events:
KM seminars are free to attend.  
Click on the link to see more 
information or to register. 
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Association Myths & Urban Legends

Naperville


 

How many times has someone told you very confidently that associations can or cannot do something and you thought, well hey, they must know what they are talking about, right?  Attend our September seminar series to hear the most common myths and urban legends about association living and management.  You might be surprised by the facts!


 

Learn whether these and other statements are Fact or Myth:

  • A board election can be done by acclamation
  • Board president should vote only in the case of a tie
  • Filing a lien is an effective way to collect past due assessments
  • Rules regarding activities most commonly played by children are acceptable 
  • Six months of assessments will be paid by the bank following a       foreclosure


 

Thursday, September 3, 2015 from 6:00 - 8:00pm


 

Friday, September 4, 2015 from 9:30 - 11:30am


 

Choose the day and time that is best for you.  

Click on the date to register.


 

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Industry Events:

Sheraton Hotel
Lisle, IL

Thursday, August 20, 2015
7:45am - 3:45pm

A full day of legal education.  Choose three sessions that are of interest to you.  Dawn Moody and Chuck Keough will present "FHA Consideration in Drafting & Enforcing Rules & Regulations".

Today, August 13th, is the last day to register.  
Click here to register.
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ACTHA Fall Expos

Mark your calendar and register to attend 
ACTHA's Fall Expos.  Click here for additional information. 

North Expo
Saturday, September 19, 2015
Northbrook, IL 

South Expo
Saturday, October 3, 2015
Tinley Park, IL

Announcements

Keough & Moody, P.C. is proud to announce the addition of Andrew K. Scott to its team of attorneys.  Andrew's previous experience is in litigation, in which he represented community associations, municipalities, corporate entities, and individuals in a wide range of matters including: property, commercial, contractual, professional licensing, civil rights, and employment.  In addition to litigation, Andrew's practice also concentrates on representing community associations in non-litigation related matters, which includes providing Board of Directors' with opinion letters, drafting amendments to the Association's governing documents and drafting rules and regulations. 

DISCLAIMER 

  Keough & Moody, P.C. ("Keough & Moody" or "we" or "us") provides its newsletter for informational purposes only. The information contained in this newsletter is not legal advice.  Your communication with us through this Newsletter, or by other means, does not create an attorney-client relationship between us. Please do not disclose any confidential information to us in response to this newsletter, or otherwise, because we will have no obligation to keep that information confidential unless and until a formal attorney-client relationship is established with you.  ATTORNEY ADVERTISING MATERIAL.