Villas at Mandalay

Key facts from Villas at Mandalay's documents

Reflects the 2010 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowner’s Association (HOA) (Article I.A: 'The Villas at Mandalay Woo)

Legal name

THE VILLAS AT MANDALAY WOODS HOMEOWNER’S ASSOCIATION

Developer / declarant

MANDALAY PARTNERS LLC

Governing law

Illinois General Not For Profit Corporation Act of 1986 (Bylaws Article I: 'General Provisions')

Assessments & dues

Common Expenses assessed by Board in accordance with By-Laws using formula: Improved Lots with attached dwellings – uniform rate; Improved Lots with detached dwellings – rate 7% greater than attached; Unimproved Lots – 12% of attached rate. (Article IV.2)

Reserves & fees

Defined as 'Reserves' – sums paid by Lot Owners separately maintained by Board for purposes specified by the Board. (Article I.Q)

Pets

Yes, household pets may be kept inside buildings, subject to rules and regulations which may exclude any kind of pet by type or category. Not for commercial purpose. Authorized pet causing nuisance or unreasonable disturbance may be permane (Article XI.G)

Leasing & rentals

Yes, subject to reasonable Rules and Regulations adopted by the Board from time to time. Restriction does not apply to Declarant. Lessee bound by Declaration; lease must so provide; lessor not relieved from obligations. (Article VII.3)

Architectural approval

Yes, before any building or improvement is erected, placed, or altered on any Lot, building plans, specification and plot plan must be approved in writing by the Declarant. (Article III.1.A)

Maintenance

Association responsible for maintenance, repair, replacement of roofs, gutters and downspouts. (Article V.2.A(2))

Insurance

Board may pay deductible as Common Expense or assess against Lot Owner who caused damage, after notice and hearing. (Article IX.9)

Use restrictions

Each Lot shall be used as a single family residence or such other uses permitted by the Declaration and for no other purpose. (Article XI.A)

Amendments

Declaration may be amended by instrument in writing signed and acknowledged by all Board members and at least 67% of Lot Owners; effective on recordation. No change affecting Declarant's rights without Declarant's written consent so long as (Article XVI)

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