1205 1231 HOA &M Weiss

Key facts from 1205 1231 HOA &M Weiss's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

1205-1231 West Arthington Homeowners Association

Developer / declarant

RS Homes I LLC, an Illinois limited liability company (Preamble)

Assessments & dues

Board estimates annual budget on or before October 1, assesses according to Shares (Exhibit E); proposed budget available 30 days prior to adoption; annual budget adopted by end of calendar year (Article 9(a))

Special assessments

Board may levy further assessment if annual budget inadequate; becomes effective with next monthly installment due more than 30 days after notice (Article 9(a): "if the annual budget prov)

Collections & liens

Assessment is a lien on the Parcel; after recording notice and 30-day notice to other lien holders, lien may be foreclosed as a mortgage; owner waives redemption right (Article 9(c): "said lien may be foreclos)

Reserves & fees

Board may build up and maintain a reasonable reserve for contingencies and replacements of Common Area facilities and improvements (Article 9(a): "The Board may build up an)

Pets

Dogs, cats, other reasonable and customary household pets allowed, subject to Board rules and regulations (Article 7(e): "dogs, cats, or other reas)

Home business

Prohibited except incidental uses: personal professional library, personal business records, telephone calls, computer, occasional business visitors (Article 7(j))

Use restrictions

Each Parcel shall be used for residential purposes and for no other purposes (Article 7(a): "Each Parcel shall be used)

Voting & meetings

Based on Shares as defined in Exhibit E; Members (Parcel Owners) vote per By-laws (Article 1 (Share definition); Article 8()

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