Long HOA Thai

Key facts from Long HOA Thai's documents

Reflects the 2024 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association - Townhomes (Article One, Section 30, 31, 32)

Developer / declarant

STANDARD BANK AND TRUST COMPANY, as Trustee, under Trust Agreement No.9382, dated December 14, 1984 (Article One, Section 12)

Governing law

Common Interest Community Association Act (765 ILCS 160/1, et seq.) (Preamble, Page 1)

Assessments & dues

Determined by Board of Directors; no fixed amount stated. (Article Four, Section 4)

Special assessments

May be levied for reconstruction, repair, replacement of Townhome or any area within Townhome Lot, or to carry out Association duties. Also for emergencies or mandated by law. May be multi-year. Assessment for additions/alterations to Commo (Article Four, Sections 6, 9, 10)

Collections & liens

Assessment constitutes a lien on the Townhome Lot, subordinate to first mortgage. Association may foreclose lien and bring actions for collection. Addition of late charge, court costs, attorneys' fees. (Article Five, Sections 1, 2)

Reserves & fees

Association shall establish and maintain reasonable Reserves for maintenance and repair of Townhomes, yards, landscaping, driveways, Common Areas, and Community Sidewalks. (Article Four, Section 5)

Pets

Dogs, cats, or other household pets may be kept, subject to rules, provided not bred for commercial purpose. (Article Eight, Section 12)

Leasing & rentals

Owner occupancy required except for existing leases disclosed within 10 days of Declaration recording. Upon transfer, new owner must occupy if unit is occupied. Immediate family members exempt. Board may grant hardship exemptions. Leasing f (Article Eight, Section 16)

Parking & vehicles

Subject to Rules and Regulations. No inoperable automobiles. Boats, trailers, recreational vehicles, trucks with exterior signs, or other vehicles prohibited unless permitted by rules. Parkway between street pavement and lot line may not be (Article Eight, Section 4)

Architectural approval

Board shall notify applicant of approval/disapproval or request additional information within 30 days after submission of plans. (Article Seven)

Maintenance

Association maintains Common Areas, Community Sidewalks, exterior of Townhomes (via insurance and assessments). Owner responsible for interior, personal property, and compliance with maintenance obligations. Details in Declaration. (Article Four, Section 3; Article Six, Se)

Insurance

Association obtains casualty insurance covering townhomes (other than contents) at 100% replacement cost, all risk form. Also liability insurance ($1,000,000 per occurrence). (Article Six, Sections 1, 3)

Use restrictions

Properties restricted to residential uses and dwellings; accessory dwelling units strictly prohibited. (Article Eight, Section 1)

Voting & meetings

One vote per Townhome Lot. When more than one person holds interest, they determine among themselves but only one vote cast per Lot. (Article Two, Section 5)

Amendments

This Amended and Restated Declaration adopted pursuant to Article Seventeen, Section 5, signed by at least 67% of Members, with City consent. (Original declaration amendment procedure not fully recited.) (Preamble)

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