This issue explains why the word “anticipated” in Illinois 22.1 Disclosure Letters is crucial for every condo buyer, seller, board, and manager. A forensic accountant breaks down what capital projects boards must lawfully disclose—even if not yet approved—and how missteps can trigger lawsuits or deal-killing surprises. Learn the difference between repairs that must be flagged, the risks of too much or too little disclosure, and practical steps every association should follow to stay both transparent and protected. Get expert tips on striking the right balance, avoiding costly omissions, and ensuring buyers walk in with eyes wide open.