The Condominiums of Springbrook Condominium Association

Key facts from The Condominiums of Springbrook Condominium Association's documents

Reflects the 1995 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

The Condominiums of Springbrook (Article 5(a))

Developer / declarant

Today's Bank -East, as trustee of its Trust No. 85-1098 (Preamble)

Governing law

Condominium Property Act of Illinois (Article 1(a); preamble)

Special assessments

Board may levy special assessment against a Unit Owner for cost of maintenance or repair if owner fails to act after notice (Article 14); also for damage caused by owner (Article 14); also general special assessments not explicitly defined (Article 14)

Pets

Pets are permitted but owner is liable for damage caused by household pet (implied); no specific count or size restrictions stated (Article 14 (reference to 'household pet')

Leasing & rentals

Leasing allowed subject to provisions in Declaration; no further details in this document (Article 18 (reference to leasing))

Parking & vehicles

Common parking areas provided; Board has authority to lease or grant concessions for common parking areas; no detailed parking rules (Article 1(m); Article 9)

Use restrictions

Each Unit shall be used as a residence for a single family only; no other purpose (Article 18)

Voting & meetings

One voting member per Unit Ownership; total votes=100, allocated per percentage interest in Common Elements; proxy allowed but no person may act as proxy for more than 5 votes (Article 5(e); By-laws Article 1 Section )

Amendments

By affirmative vote of Unit Owners owning not less than 75% in aggregate interest in Common Elements, signed by president and secretary, recorded; also notice to all lien holders by certified mail; no change affecting Declarant/Developer wi (Article 23)

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