Farmgate HOA

Key facts from Farmgate HOA's documents

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

Community type

Homeowners Association (Title and Section 1.03 (page 3): 'Farmga)

Legal name

Farmgate Homeowners’ Association

Governing law

Illinois Common Interest Community Association Act (765 ILCS 160/1-1 et. seq.) (Section 1.02, Recitals (p. 3))

Assessments & dues

Board prepares budget on or before Dec 1, provides to Owners 30-60 days before adoption, assessment collected in 12 monthly installments starting Jan 1 (Section 5.03(a) (pages 11-12))

Special assessments

Board may levy for capital improvements; if >$5,000 in one year, must be approved by majority of Board and majority of Members at meeting (or 2/3 of Lots by written instrument) (Section 5.04 (page 12-13))

Collections & liens

Unpaid assessments become a continuing lien on the Lot; may be foreclosed by action; also personal obligation of Owner at time due (Section 5.01 (pages 10-11), Section 5.08)

Reserves & fees

Capital reserves must be segregated and used solely for repairs/replacements of Common Area and certain Lot improvements (Section 5.05 (page 13))

Pets

Yes, dogs, cats or other household pets may be kept subject to Board rules (Section 7.05 (page 18))

Leasing & rentals

Generally prohibited. Exceptions: (1) immediate family members (children, grandchildren, siblings, parents) – not restricted; (2) hardship with Board approval; (3) Association leases exempt (Article 10 (pages 25-26))

Maintenance

Association: all painting, staining, refinishing, maintenance, repair, replacement, tuckpointing of exterior surfaces of dwellings and garages (roofs, sidings, outer walls, shutters, gutters, wooden entry porches, downspouts) but excluding (Section 4.01(b) (pages 9-10); Section 4.)

Use restrictions

Each dwelling shall be used as a residence for a single family and for no other purposes (Section 7.01 (page 18))

Voting & meetings

One vote per Lot owned; if multiple owners, vote exercised as they designate in writing (Section 2.02 (page 5))

Amendments

Articles 3, Section 3.01, and this Section (11.04) may be amended only by instrument signed by all Owners. Other provisions may be amended by instrument approved by voting Members having at least 51% of total votes at a meeting or by writte (Section 11.04 (page 27))

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