Avondale Townhomes

Key facts from Avondale Townhomes's documents

Reflects the 1999 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Illinois not-for-profit corporation named Avondale Meadows Townhomes Association, Inc.) (Recital D)

Units / lots

Not explicitly stated; Existing Property appears to be 1 lot (Lot 14) and Additional Property up to 9 lots (Lots 15-23), so likely 10 units maximum. (Exhibit A and Exhibit B; Section 2.01 (m)

Developer / declarant

State Bank of Countryside, as Trustee under Trust Agreement dated August 15, 1987 and known as Trust No. 87-230 (Preamble and Article 1.05)

Governing law

Illinois General Not For Profit Corporation Act (Section 3.07)

Assessments & dues

Not fixed; determined annually by Board budget. (Section 6.03)

Special assessments

Allowed for capital improvements; if exceeding $1,000 in one year, requires Board majority and member majority approval (or 2/3 of Units by written consent). (Section 6.04)

Collections & liens

Yes, unpaid assessments become a lien on the Unit, enforceable by foreclosure; also personal obligation of Owner. (Sections 6.01, 6.10, 6.11)

Reserves & fees

Capital reserves for major repairs and replacements; to be segregated and maintained in a special capital reserve account. (Section 6.05)

Pets

Yes, subject to rules; limited to two customary household pets. (Section 8.06)

Leasing & rentals

Yes, with written lease for minimum term of not less than one year; lease must incorporate Declaration, By-laws, and rules; lessee must comply. (Article 11)

Fences

Fences must comply with all applicable law. (Section 10.03)

Architectural approval

90 days for approval/disapproval; if no response within 90 days, approval deemed given. (Section 10.01)

Home business

Prohibited, except Owner may maintain professional library, keep business records, handle personal business calls/correspondence. (Section 8.08)

Insurance

Association shall maintain comprehensive liability, hazard, and other insurance on Common Area. (Section 5.01(a))

Use restrictions

Yes, each dwelling used as a residence for a single family; no part of Property used otherwise. (Section 8.01)

Voting & meetings

One vote per Unit; if multiple owners, they designate one voter; Developer designates for Units owned by Declarant. (Section 3.02; By-laws Section 5.02)

Amendments

Requires Owners of at least 75% of Units; no amendment effective without Developer's written consent prior to September 1, 1995 (date appears erroneous); no amendment affecting Developer's rights without Developer's consent. Developer may a (Section 12.05)

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