Lakeside HOA Hillcrest

Key facts from Lakeside HOA Hillcrest's documents

Community type

Condominium

Legal name

Lakeside on the Park Condominium Association

Developer / declarant

Sheridan Lakeside Condominium Association (made and entered into by the Sheridan La)

Governing law

Section 26 of the Illinois Condominium Property Act [765 ILCS 605/31] (in accordance with Section 26 of the Ill)

Special assessments

Unpaid charges collectible as any other unpaid regular or special assessment ((e))

Collections & liens

All unpaid charges are a lien against the Unit and collectible as any other unpaid regular or special assessment, including late fees and interest on the unpaid balance ((e))

Reserves & fees

Late fees may be charged on the unpaid balance of charges ((e))

Leasing & rentals

False - the rental or leasing of Units is prohibited effective as of the recording date of this Amendment (the rental or leasing of Units is prohib)

Parking & vehicles

Garage Parking Space No. 30 is a right of exclusive use and a limited common element of Ronald A. Nagel and Unit 214 (Section 1)

Voting & meetings

Approved by at least three-fourths (3/4) of the Unit Owners (CERTIFICATION AS TO UNIT OWNER APPROVAL)

Amendments

Amendment effective upon recordation of a written instrument setting forth the change, executed by all Board members and signed by at least three-fourths (3/4) of the Unit Owners, and containing an affidavit certifying that notice was sent (Article XIX, Section 6 of the Declaratio)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.