This episode of the Common Interest Podcast features a story from Nicholas Bartzen, Founder of Altus Legal. His story involves the important topic of compensation for volunteer Board Members. While the Acts governing community associations in Illinois specifically determine some forms of compensation as unlawful, others are left to the determination of individual community associations’ governing documents. Nick recalls one Board President whose board caught wind of the perks he was securing for himself, and this story is about how the situation was identified and resolved.
Episode 05 – Board President Likes His Perks
Nicholas Bartzen, Founder of Altus Legal, shares a story about a Board President that has been securing favors and sweetheart deals for himself despite Association rules forbidding the practice.
New episodes will be available for download every 1st and 3rd Tuesday, listen to them in your favorite Podcast app or listen to them here in the CAI Illinois Blog. The Common Interest Podcast is now available for free download from several podcast directories, including:
If you have a story you’d like to share on the Common Interest Podcast, contact Brandon at the CAI Illinois office – [email protected] or (847)301-7505 for more information on how you can get involved.
CAI - Illinois Chapter
The Illinois Chapter of Community Associations Institute serves the educational, business, and networking needs of community associations in the Chicagoland Area. Members include condominium, cooperative, and homeowner...
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Lea Marcou 
Laura Lau Marinelli, Saul Ewing Arnstein & Lehr, LLP 
