Dobson-Elmwood Condominium Association

Key facts from Dobson-Elmwood Condominium Association's documents

Reflects the 2003 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

DOBSON-ELMWOOD CONDOMINIUM

Units / lots

Not explicitly stated; reference to Residential Units and Parking Units in Exhibit B (not included in text) (Art I Sec 1.18, 1.24; Plat and Exhibit B)

Developer / declarant

800 Dobson, LLC, an Illinois limited liability company (Opening paragraph)

Governing law

Condominium Property Act of the State of Illinois, as amended (Preamble, Art I Sec 1.01)

Assessments & dues

Board estimates amount, prepares and adopts annual budget, and assesses each Unit Owner proportionate share based on percentage of ownership in Common Elements. (By-Laws Art II Sec 8(l); Declaration Art)

Special assessments

Board may levy special assessment for maintenance or repair if Unit Owner fails to perform required maintenance after notice (By-Laws Art II Sec 8(g)). Also implicitly permitted as part of common expenses. (By-Laws Art II Sec 8(g))

Collections & liens

If Unit Owner fails to pay common expenses, amount constitutes a lien on the interest of such Unit Owner in the Property as provided in the Act. (Declaration Art III Sec 3.07)

Pets

Animals commonly kept as household pets in first-class condominium buildings in Evanston, not bred commercially, not running loose, may be allowed subject to Association rules. (Declaration Art X Sec 10.02)

Leasing & rentals

Unit Owner (other than Developer) may lease Unit. (Declaration Art XI Sec 11.01)

Architectural approval

Alteration, addition or improvement of Common Elements requires prior written Board approval. Unit Owner may make alterations within Unit without approval, but responsible for damage. (Declaration Art IX Sec 9.03)

Voting & meetings

Aggregate votes divided among Unit Owners according to percentage of ownership interest in Common Elements; if 30% or fewer units own over 50% of votes, then voting is per unit basis. (By-Laws Art I Sec 6)

Amendments

Declaration and By-Laws may be amended by instrument signed by all Board members and at least three-fourths (3/4) of Unit Owners, plus approval of required mortgagees, and recorded. (Art XIV Sec 14.01)

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