Quantum Homes HOA

Key facts from Quantum Homes HOA's documents

Community type

Common Interest Community under 735 ILCS 5/9-102 (Recitals B)

Legal name

Natalie Estates Homeowner’s Association (Exhibit B, Article I, Section 1)

Units / lots

At least 60 (Lots 7,8,18,19,21-33,36-38,48-60 referenced) (Section 8(f))

Developer / declarant

J&M Development LLC, an Illinois limited liability company (Cover Page line 3)

Governing law

735 ILCS 5/9-102 (Recitals B)

Assessments & dues

Directors prepare budget and set annual assessment; may levy supplemental assessment if needed (Section 6(e)(i))

Reserves & fees

Directors shall consider reasonable replacement and other reserves in budget (Section 6(e)(i))

Pets

Domesticated cats, dogs, birds allowed; not for commercial purposes; not to run at large or cause nuisance; no outside kennels (Section 8(k))

Leasing & rentals

Yes, for single family residential purposes, subject to Board approval (Section 9(a),(b))

Parking & vehicles

Prohibited (Section 8(l) (inference from prohibition)

Architectural approval

Architectural Control Committee (ACC) approval required for any improvement, exterior change, tree removal (≥3" caliper), grade change (Section 7(a),(b))

Use restrictions

All Lots shall be used exclusively for residential purposes (Section 8(a))

Voting & meetings

Class A (Owners): 1 vote per lot; Class B (Declarant): 5 votes per lot until conversion (Section 3(b))

Amendments

While Declarant owns a lot, Declarant may amend; after, by 2/3 vote of Owners or 80% of voting power in writing (Section 11(c))

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