Resources · Category
Plain-language guides that help individual owners read financial statements, ask the right questions, and exercise their rights.
← All resourcesA summary of enforcement actions, court outcomes, and regulatory referrals arising from the Governance Ledger's investigations.
Reserve studies vary widely in quality and independence. This post identifies the specific markers of a study designed to minimize the appearance of liability.
A direct communication to 700+ owners at one Chicago high-rise explaining what a decade of the association's own records show.
A case study in how an off-books financial program uses association infrastructure, staff, and resources while claiming to be outside owner oversight.
A pattern analysis of how boards end up unaware of the association's actual financial condition — and what owners can do to fill in the gaps.
How off-balance-sheet obligations and delayed accruals let financial problems build invisibly — until an owner or buyer asks the right questions.
Legal bills that don't appear in monthly financials represent real liabilities — and real questions about what owners are being told about exposure.
Illinois requires disclosure of “anticipated” expenses before a sale. This post examines what that word actually covers and how it affects buyers.
What Illinois owners can do — and what questions they should ask — when the association's annual audit hasn't arrived. Includes what the delay signals.
A follow-up to the enforcement investigation, using newly obtained FOIA records to show how the city's administrative process actually begins.
A 16-year FOIA investigation into the City of Chicago's enforcement of condo records law — documenting how complaints are filed and quietly closed.
Boards increasingly frame records requests as burdensome or costly. This post examines whether that framing holds up and what it signals.
What happens when a board claims the portal satisfies your records request — and why that argument has legal limits owners should understand.
A risk-scoring framework for prospective buyers and current owners — built from the financial and governance indicators that actually predict special assessments.
The one-page executive summary is where bad news goes to disappear. This post introduces the PATS framework — a forensic approach to obtaining real financial records.
