1205 1231 HOA &M Weiss

Key facts from 1205 1231 HOA &M Weiss's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

1205-1231 West Arthington Homeowners Association

Developer / declarant

RS Homes I LLC, an Illinois limited liability company (Preamble)

Assessments & dues

Board estimates annual budget on or before October 1, assesses according to Shares (Exhibit E); proposed budget available 30 days prior to adoption; annual budget adopted by end of calendar year (Article 9(a))

Special assessments

Board may levy further assessment if annual budget inadequate; becomes effective with next monthly installment due more than 30 days after notice (Article 9(a): "if the annual budget prov)

Collections & liens

Assessment is a lien on the Parcel; after recording notice and 30-day notice to other lien holders, lien may be foreclosed as a mortgage; owner waives redemption right (Article 9(c): "said lien may be foreclos)

Reserves & fees

Board may build up and maintain a reasonable reserve for contingencies and replacements of Common Area facilities and improvements (Article 9(a): "The Board may build up an)

Pets

Dogs, cats, other reasonable and customary household pets allowed, subject to Board rules and regulations (Article 7(e): "dogs, cats, or other reas)

Home business

Prohibited except incidental uses: personal professional library, personal business records, telephone calls, computer, occasional business visitors (Article 7(j))

Signs & flags

No signs except Declarant's for 3 years from date hereof; after that, no signs except by Board determination (Article 6 (Declarant's sign right for 3 )

Use restrictions

Each Parcel shall be used for residential purposes and for no other purposes (Article 7(a): "Each Parcel shall be used)

Voting & meetings

Based on Shares as defined in Exhibit E; Members (Parcel Owners) vote per By-laws (Article 1 (Share definition); Article 8()

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