Thorngate Owners

Key facts from Thorngate Owners's documents

Reflects the 1994 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned Community (not a condominium or common interest community association) (Section 5.01: "it is specifically intend)

Legal name

Thorngate Owners

Developer / declarant

American National Bank and Trust Company of Chicago, not individually but solely as Trustee under Trust Agreement dated August 23, 1989, Trust No. 109054-04 (Opening paragraph of Declaration)

Governing law

Illinois General Not-For-Profit Corporation Act (Recitals: "incorporate the Association u)

Reserves & fees

Capital Reserves mentioned in Section 6.06 (Section 6.06: "CAPITAL RESERVES")

Pets

Yes, subject to Board rules; no animals raised, bred or kept in Community Area; pets in Homes or Homesites allowed per Board rules; Board may prohibit certain species; pet causing nuisance or unreasonable disturbance shall be permanently re (Section 3.14)

Leasing & rentals

Yes, any Owner may lease all (not less than all) of the Home on his Homesite (Section 3.19) (Section 3.19)

Parking & vehicles

Regulated as above; no parking during non-daylight hours; daytime parking only on one side designated by Board (Section 3.12)

Home business

Generally prohibited (Section 3.09) except as allowed by Section 3.11 (personal business/library, permitted home occupation under Village zoning) (Section 3.09, 3.11)

Maintenance

Owner (part of Home) (Section 3.08(a): owner responsible for H)

Use restrictions

Yes, each Home shall be used only as a residence; permitted home office and handling personal business telephone calls/correspondence and any permitted home occupation under Village Zoning Ordinance (Section 3.11)

Voting & meetings

Each Homesite and Unplatted Homesite has one vote; prior to Turnover Date all voting rights vest in Developer (Section 5.05: "prior to the Turnover Dat)

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