West Side Association Comm Ac

Key facts from West Side Association Comm Ac's documents

Reflects the 1994 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (It is an association of homeowners and r)

Legal name

Homan Square Residents’ Association (Section 1.3 and header)

Units / lots

Initial Phase: 55 lots (Lots 1 through 55 of Homan Square Phase I). Additional phases: Phase II Section 1 (45 lots), Phase II Section 2 (19 lots). Phase IV (multiple lots, see exhibit). Overall final development planned up to 525 Dwelling U (Exhibit A of Supplemental Declaration (P)

Governing law

Illinois General Not-For-Profit Corporation Act (Section 3.2(a))

Special assessments

Referenced in Table of Contents (Article IV, Section 4.5), but no details in provided text. (Table of Contents)

Reserves & fees

Article IV, Section 4.9 references an Owner Unit Reserve Fund Assessment (Table of Contents)

Leasing & rentals

Yes, leasing is implied by existence of Rental Unit Buildings and definition of Lessee. Leasing terms not detailed in provided text. (Section 1.15 (Lessee definition); Articl)

Parking & vehicles

Parking lots for Rental Unit Buildings are for sole use of Owners and Lessees of Rental Unit Buildings. Owners of Owner Units are prohibited from using those parking lots. (Section 2.3(d))

Architectural approval

Yes, for construction or alterations affecting residential portions. Article VI details review criteria. (Article VI title)

Insurance

Owners are required to maintain insurance per Section 8.2. (Section 8.2 heading)

Use restrictions

Yes, Dwelling Units intended for residential living quarters. (Section 1.13: Dwelling Unit defined as i)

Voting & meetings

One vote per Dwelling Unit owned. Co-owners have one joint vote per unit. Votes may be cast in person or by proxy (proxy must be a Member). (Section 3.2(d))

Amendments

Articles XII Section 12.4 (Amendment) and Section 12.1 (Amendment by Declarant) mentioned in Table of Contents. No details in provided text. (Article XII headings)

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