Forest Knoll Homeowner

Key facts from Forest Knoll Homeowner's documents

Reflects the 2016 governing documents — figures and rules are as originally recorded and may have changed since.

Units / lots

100 (lots 1 through 100 inclusive) (Article 1, definition of "Lot" (page 4))

Governing law

Illinois Common Interest Community Association Act (Preamble, page 3)

Reserves & fees

Board shall maintain an adequate reserve fund established by regular installments, contributed to equally by all members. (By-Laws Article VII Section 2(h) (page 3)

Pets

Only domestic animals for domestic purposes; no breeding, commercial use; Board may regulate type and number. (Article 11 Section 2(i) (page 17))

Voting & meetings

Each Owner entitled to one vote per Lot owned; when multiple owners, only one vote per lot exercised as they determine. (Article 4 Section 2 (page 6))

Amendments

Within first 20 years: 90% of Owners; thereafter: 75% of Owners. Must be recorded. (Article 12 Section 1 (page 19))

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