Flint Crossing Homeowners

Key facts from Flint Crossing Homeowners's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Flint Crossing Homeowners

Developer / declarant

Flint Crossing Creek, LLC (First page opening paragraph)

Governing law

Illinois General Not-for-Profit Corporation Act (2.10)

Assessments & dues

Board estimates annual budget and allocates equally per Dwelling Unit (4.03(a) and 4.06(a))

Special assessments

Allowed for capital improvements if reserve insufficient; annual limit of $100 per unit adjusted by CPI without 2/3 member vote (4.04)

Collections & liens

Assessments are a lien on the Dwelling Unit; can be foreclosed; subordinate to mortgages (4.01, 4.08(c))

Reserves & fees

Contingency and Replacement Reserve, Maintenance and Landscaping Reserve, Capitalization Fund (4.04, 4.10, 4.11)

Use restrictions

true (8.01)

Voting & meetings

One vote per Dwelling Unit Membership (2.02)

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