Lakewood Mill HOA

Key facts from Lakewood Mill HOA's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Association name: 'Lakewood Mill Homeown)

Legal name

Lakewood Mill Homeowners Association

Governing law

Illinois General Not for Profit Corporation Act (Section 10.1.5: 'General Not for Profit )

Assessments & dues

Not more than $216 per Unit per year initially (until January 1, 2005) (Section 8.4: 'the annual assessment shal)

Collections & liens

Association may record notice of lien and foreclose; personal obligation also (Section 8.10: 'shall thereupon become a )

Reserves & fees

Association shall establish and maintain an adequate reserve fund for maintenance, repair, replacement of Common Areas and Facilities (Section 8.4: 'shall establish and mainta)

Parking & vehicles

Commercial vehicles, tractors, mobile homes, RVs, trailers, campers, boats, unlicensed/inoperable vehicles must be parked/stored in garages with doors closed except when moving in/out within 48 hours (Section 5.2: 'Commercial vehicles, tract)

Fences

Board-on-board fences only; max 4 ft height for all Units; unpainted/unstained natural cedar; perimeter max 6 ft except along West Bartlett Road Landscape Buffer; reverse corner lots max 3 ft in front/corner yard; Developer may install vary (Section 5.9 and Exhibit C, D)

Architectural approval

Review Committee approval required for modifications, additions, alterations to existing Units or structures (Section 4.2: 'The RC shall have exclusiv)

Use restrictions

Yes; property used only for residential, recreational, and related purposes; includes offices for property manager and sales offices (Section 5.1: 'The Property shall be used)

Voting & meetings

Class A: one vote per Unit (owners); Class B: three votes per Unit (Developer until Turnover Date) (Sections 7.5.1, 7.5.2)

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