Partridge Way

Key facts from Partridge Way's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Partridge Way Condominiums

Developer / declarant

Golf View Company

Governing law

Condominium Property Act of Illinois, as amended (WHEREAS clause, page 1)

Assessments & dues

Common Expenses allocated proportionately to each Unit Owner's percentage of ownership interest in Common Elements (Section 4.03: 'Such proportionate share )

Reserves & fees

Interest, late charges, reasonable attorney fees, and costs of collection may be added to unpaid Common Expenses and become a lien (Section 4.03: 'the amount thereof togeth)

Leasing & rentals

Yes, but subject to Board's right of first refusal. Owner must give 30 days' notice with terms; Board has 15 days to produce alternative lessee; if Board fails, owner may lease on submitted terms. (Section 7.01)

Home business

Units 2 and 3 may not be used to conduct any type of insurance business without written consent of Unit 1 owner; other businesses not specified but subject to zoning and Board rules (Section 6.01(b))

Signs & flags

Owners or occupants may not hang or display signs upon exterior walls or roof except as authorized by Board (Section 6.01(e))

Insurance

Board may pay deductible as Common Expense or assess against owner who caused damage or from whose unit damage originated. (Section 8.01(i))

Voting & meetings

Proportionate to percentage of undivided ownership interest in Common Elements (Section 1.10: 'Majority … own more than )

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