(a) No corporation, partnership, limited liability company, or other legal entity
shall provide or offer to provide community association management services, unless
it has applied in writing on the prescribed forms and has paid the required nonrefundable
fees and provided evidence to the Department that the firm has designated a licensed
community association manager to supervise and manage the firm. Having a designated community association manager shall be a continuing requirement
of firm licensure.
(b) Any corporation, partnership, limited liability company, or other legal entity
that is providing, or offering to provide, community association management services
and is not in compliance with this Section and other provisions of this Act shall
be subject to the civil penalties, injunctions, cease and desist provisions, and penalties
provided for in Sections 90, 92, and 155 of this Act.
(c) No community association manager may be the designated community association manager
for more than one firm, corporation, limited liability company, partnership, or other
legal entity. The designated community association manager shall supervise and manage all licensed
and unlicensed employees acting on behalf of the community association management
firm. The designated community association manager shall supervise and manage all independent
contractors providing community association management services on behalf of the community
association management firm. The community association management firm and the designated community association
manager shall be responsible for all actions of which they had knowledge taken on
behalf of the community association management firm.
(d) The Department may adopt rules and set all necessary requirements for the implementation
of this Section.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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