FOR IMMEDIATE RELEASE
For more information, contact:
Jason Milch/ 312-846-9647
Mark Levin/ 312-476-7554
May 17, 2009
Levenfeld Pearlstein’s Mark Pearlstein Honored with CAI’s Award of Excellence in Government and Public Affairs
Pearlstein recognized for 10-year effort in working toward passage of Illinois Community Association Manager Act
CHICAGO – Levenfeld Pearlstein LLC is pleased to announce that partner Mark D. Pearlstein has been honored by the Community Associations Institute (CAI) with the organization’s 2010 Award of Excellence in Public Affairs. Mr. Pearlstein was recognized at CAI’s Annual Conference in Las Vegas for his 10-year fight to win the 2009 approval of the Illinois Community Association Manager Act. The Act was approved and signed into law by Gov. Patrick Quinn in August 2009 and will take effect in 2011. In honoring Mr. Pearlstein, the CAI noted his extraordinary efforts, which were conducted “in a manner that exemplifies the goals and values of the CAI.”
For the last five years, Mr. Pearlstein, as chairman of the Illinois Legislative Action Committee of the CAI, has led an effort to protect Illinois condominium owners and create a level of professionalism for the community association management industry by requiring licensing to regulate Community Association Managers. When the Community Association Manager Act (Public Act 96-0726) takes effect on January 1, 2011, no person may provide services as a Community Association Manager unless he or she holds a current and valid manager license. Like other licensing statutes, the Community Association Manager Act will create minimum qualifications for licensure, provide financial security to associations, impose discipline for manager misconduct and require continuing education to renew the license.
The Act will also recognize existing service and experience by providing that persons who have been working in the Community Association management field for five years or more will be exempt from the initial license requirement to pass an examination. The Act also recognizes continuing education credits for those persons who take courses to maintain their professional real estate license.
Mr. Pearlstein is a partner in the Community Associations Service Group at Levenfeld Pearlstein, where he represents community associations and developers, particularly in relation to mixed-use developments. He is a member of the Charter Class of the CAI College of Community Association Lawyers, former Chairman of the Chicago Bar Association Condominium Subcommittee, and a former member of the CAI Illinois Chapter Board of Directors. Mr. Pearlstein also writes and lectures extensively on matters related to condominium law.
Levenfeld Pearlstein’s Community Associations Service Group represents condominium associations, homeowners associations, townhome associations and cooperatives. The Group’s attorneys have developed particular skill in representing newly formed homeowner associations through the turnover from developer to unit owner control, including developer negotiation and litigation, if necessary.
Recognized in 2009 as one of the nation's most innovative mid-sized law firms by The National Law Journal's "Midsize Hotlist", Levenfeld Pearlstein, LLC (lp.productiveedge.com) provides unusually good legal counsel and business advice to sophisticated clients in matters involving corporate and securities law, real estate, and litigation. The firm's business-first approach helps clients to proactively address, solve and move past their problems so that they can quickly return to doing what they do best. With nearly 60 attorneys and offices in Chicago and Northbrook, Ill., the firm possesses the resources and depth to manage the most complex matters, while ensuring that the needs of all clients are met in the most efficient and cost-effective manner possible.