Spinnaker Cove Homeowners Association (IL)

Key facts from Spinnaker Cove Homeowners Association (IL)'s documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

homeowners_association (Page 1: 'Spinnaker Cove Homeowner's Asso)

Legal name

Spinnaker Cove Homeowner's Association

Units / lots

134 (Exhibit A: 'Lots 1 through 134, both inc)

Governing law

Illinois Common Interest Community Association Act (765 ILCS 160/1-1 et seq.) (Article One Section 2: 'Act' shall mean )

Assessments & dues

Not fixed; set by Board. Maximum annual assessment may be increased up to 10% over prior year without member vote (or more for insurance cost increases). (Article Six Section 3(a): 'increase shal)

Reserves & fees

Association may require a late charge for assessments not paid within 15 days after due date; amount determined by Association and applied uniformly. (Article Seven Section 1: 'With respect t)

Pets

Yes, dogs and cats as household pets only. No other animals, livestock, or poultry. (Article Twelve Section 2: 'No animals, l)

Leasing & rentals

Yes, Owner may lease Lot. (Article Twelve Section 9: 'Any Owner may)

Use restrictions

Properties restricted to residential dwellings and ancillary and accessory uses. (Article Twelve Section 1: 'The Propertie)

Voting & meetings

10% of votes of membership for Member meetings; if quorum not present, subsequent meeting quorum is 50% of preceding quorum, no later than 60 days after preceding meeting. (Article Nineteen Section 4: 'presence of)

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