The Common Interest Community Association Act (765 ILCS 160) governs Illinois HOA budgets and assessments but, unlike the Condominium Property Act, it creates no statutory assessment lien or foreclosure power. An HOA may record and foreclose a lien only if its recorded declaration or bylaws grant that right.
Under 765 ILCS 160/1-45 ('Finances') the board adopts an annual budget and gives members notice of a proposed budget or assessment at least 30 but not more than 60 days before adoption; if a regular assessment would exceed 115% of the prior year, owners holding 20% of the votes may petition for a meeting to reject it. Critically, the Act itself does not authorize liens or foreclosure for unpaid HOA assessments. The eviction-style remedy in 735 ILCS 5/9-111 applies only 'to property subject to the provisions of the Condominium Property Act,' not to common interest community associations. So an HOA's power to record a lien, foreclose, or sue must come from its own declaration or bylaws.
No criminal penalty. A delinquent owner owes the past-due assessments plus any late charges, interest, and collection costs allowed by the declaration. Foreclosure or a lien is possible only where the recorded declaration or bylaws grant it; otherwise the HOA's remedy is an ordinary breach-of-contract money judgment.
Other ordinances people look up for this city. Green dot = verified primary-source excerpt.
Schaumburg, IL
Schaumburg Village Code Chapter 90 (Animals) prohibits dogs from barking, howling, or making noise that unreasonably disturbs neighbors. Continuous barking f...
Schaumburg, IL
Schaumburg regulates noise from industrial and commercial operations through its noise ordinance and zoning buffer requirements. Operations near residential ...
Schaumburg, IL
Schaumburg restricts parking of commercial vehicles in residential areas. Vehicles over one ton rated capacity, semi-trucks, trailers, and heavy equipment ma...
Schaumburg, IL
Schaumburg requires a fence permit for all new fence installations and replacements in residential areas. Permit applications must include a site plan showin...
Schaumburg, IL
Schaumburg prohibits keeping dangerous wild animals as pets in residential areas. The village code restricts ownership of venomous snakes, large predatory ca...
Schaumburg, IL
Schaumburg prohibits keeping chickens, roosters, and livestock (goats, sheep, pigs, horses) on residential property. The Village Code classifies these as far...
Side-by-side rule comparisons with other cities in Cook County.
See how other cities in Cook County handle assessment & dues.
See how Schaumburg's assessment & dues rules stack up against other locations.
Help us keep this page accurate. If you notice an error or outdated information, let us know.