Condominium development has a unique set of governing laws and legal documentation. Taft provides all services necessary for the development of condominium projects, from the early planning stages through sales and post turn-over issues.
We assist developers with:
- Evaluating sites
- Obtaining entitlements
- Structuring ownership
- Preparing all required development documentation
Attorneys work on development agreements, construction coordination, and any and all state, federal, and local filings required for the development of condominium projects. Additionally, we work on reciprocal easement agreements, condominium declarations, and master declarations.
We also work on homeowners’ association documents and financing documentation, and we handle the sale and closing of individual units. In addition, attorneys lend insight on land use, zoning, and development issues, as well as all types of public sector financing.
If the need arises, we handle litigation and dispute resolution as efficiently as possible to protect the interests of the developer.
- Bel Harbour condominium, a 30-story, 207 residential unit and 120 parking unit high-rise overlooking Belmont Harbor condominium in the Lakeview neighborhood
- Clark Place condominium tower at 2625 N. Clark in Lincoln Park
- Country Faire condominiums in Grayslake, Ill.