Evanston, IL HOA Rules: Assessment & Dues (2026)

Section 5-4-5-2 of Evanston's Residential Condominium Regulations closes a loophole developers might otherwise exploit: while the declarant still owns units in a converted or newly built condominium, it owes common expense assessments on those units the same as any other owner, calculated under the Illinois Condominium Property Act. Combined with the board-control-transfer rule in Section 5-4-5-1, this keeps developers from starving the association's budget by holding units off the assessment rolls during the sell-out period, before the elected board of managers takes charge and the declarant's control period ends.