Auburn Woods HOA

Key facts from Auburn Woods HOA's documents

Reflects the 2017 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Townhome Association (Recitals: "The Development shall include)

Developer / declarant

DRH Cambridge Homes, Inc., a California corporation (Section 1.10: "DECLARANT: DRH Cambridge )

Governing law

Illinois General Not-For-Profit Corporation Act (Recitals: "the Declarant has formed (or )

Assessments & dues

Not fixed; determined annually by budget. Each lot pays equal share. (Section 6.02: "Each year on or before De)

Special assessments

Allowed after Turnover Date with affirmative vote of at least two-thirds (2/3) of votes cast. (Section 6.05)

Collections & liens

Each charge constitutes a continuing lien on the Lot and a personal obligation of the Owner. Association may foreclose. (Section 7.01, 7.03)

Reserves & fees

Capital Reserve required for capital expenditures on Common Area and Home Exteriors. Board determines level. May be built by special assessments or from Common Assessment. (Section 6.06)

Pets

Allowed with regulation (see Section 8.07). Specific rules not shown. (Section 8.07: "PETS")

Parking & vehicles

Regulated; see Section 8.05. (Section 8.05: "PARKING")

Fences

Owner may construct a privacy fence meeting standards set forth in Section 8.11. (Section 3.06(a) and Section 8.11)

Architectural approval

Prior written consent of Board (and Declarant before Turnover Date) required for any addition, alteration, or improvement to Home Exterior or visible part of Home. (Section 3.07)

Signs & flags

Regulated; see Section 8.01. (Section 8.01: "INDUSTR Y/3IGNS" (likely )

Maintenance

Association maintains and replaces roof as part of Home Exterior maintenance. (Section 1.15 (Home Exterior includes roo)

Insurance

Hazard insurance on Premises (fire and other hazards) for full insurable replacement cost of Homes, covering Standard Items only (not Improvements and Betterments). Plus comprehensive public liability and property damage insurance (minimum (Sections 4.01, 4.03)

Use restrictions

Residential use only. (Article 8, heading: "RESIDENTIAL USE JON)

Voting & meetings

Before Turnover Date: all voting rights in Class B Member (Declarant). After Turnover Date: each Voting Member for a Class A Lot has 1 vote; Declarant as Class B Member has 10 votes per Lot owned. Majority of votes cast decides action unles (Section 5.05)

Amendments

Amendment requires affirmative vote of Voting Members representing at least three-fourths (3/4) of the votes cast (Section 10.02). Special amendments (Section 10.01) and mortgagee consent requirements in Article 11. (Sections 10.02, 11.02)

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