Liberty Lks East Homeowners

Key facts from Liberty Lks East Homeowners's documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Cover page and Art.II, p.1 & p.3)

Legal name

Liberty Lakes East Homeowners Association

Units / lots

174 (Lots 1-174) plus Outlots A, B, D, E (Exhibit A, p.23)

Developer / declarant

Hovstone Properties Illinois, L.L.C., a Delaware Limited Liability Company (Opening paragraph, p.1)

Governing law

Illinois General Not-for-Profit Corporation Act, 805 ILCS 105 (Sec.6.6(g), p.9)

Assessments & dues

Determined annually by Board; no fixed amount stated (Sec.7.3, p.11)

Special assessments

Allowed if Contingency and Replacement Reserve inadequate; requires Board notice, becomes payable 10 days after mailing (Sec.7.4(b), p.12)

Collections & liens

Unpaid assessments become a lien on the Lot; may be foreclosed like mortgage; Association may bring forcible detainer action after 30 days notice (Sec.7.9, 7.10, p.13-14)

Reserves & fees

Contingency and Replacement Reserve required; expenditures over $15,000 require 2/3 vote of Members (Sec.7.4(a), p.12)

Pets

Yes, but only inoffensive common domestic household pets such as dogs and cats (Sec.5.2(G), p.5-6)

Leasing & rentals

Implicitly allowed (refers to 'tenant' in forcible detainer), but no express provision (Sec.7.10, p.14)

Parking & vehicles

Not in driveway for longer than 24 hours (Sec.5.2(F), p.5)

Fences

Wood or cedar only; max 5 ft height; chain link prohibited; must follow Association guidelines and Village permit (Sec.5.1(a)-(d), p.4-5)

Architectural approval

Yes, for exterior modifications: fences require Village approval; all exterior must conform to Final Plat Plans and be approved by Village (Sec.5.1(b), 5.2(B), p.4-5)

Home business

Not explicitly prohibited; 'noxious or offensive activity' and 'annoyance or nuisance' prohibited (Sec.5.2(C), p.5)

Signs & flags

Communication antennae and devices (except simple mast television reception device) prohibited unless screened from view and Board approved (Sec.5.2(I), p.6)

Maintenance

Owner: Lot and improvements; Association: Common Area (including Stormwater Detention Facilities) (Sec.6.5(a), p.7-8)

Insurance

Commercial public liability insurance, fire and extended coverage on Common Area (Sec.6.7, p.9)

Use restrictions

Yes: each Lot used only for detached single-family dwellings or Common Area (Sec.5.2(b) [garbled, but clear], p.5)

Voting & meetings

Class A: 1 vote per Lot; Class B (Declarant): 6 votes per parcel until Turnover Date (Art.III, p.3-4)

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