Capri Condominium Association

Key facts from Capri Condominium Association's documents

Reflects the 1996 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article 1, Section 1.1; submitted to Ill)

Legal name

Capri Condominium Association

Units / lots

Not explicitly stated, but total votes set at 100 (Section 5.3(a)); Exhibit B referenced for percentage ownership (Section 5.3(a): total votes of all Votin)

Developer / declarant

Capri L.L.C.

Governing law

Condominium Property Act of the State of Illinois (Article 4, Section 4.1; also referenced )

Reserves & fees

Board may impose charges for late payments of a Unit Owner's proportionate share of Common Expenses. (Section 5.7(f)(xiii))

Architectural approval

Prior written consent of Board required for any additions, alterations, or improvements to Common Elements or to a Unit if work alters structure or increases insurance cost. (Section 4.8(b))

Maintenance

Association responsible as part of Common Elements. (Section 3.1: roof is listed as Common El)

Insurance

Not explicitly required; however, Board's insurance is bare wall, so owners should insure contents and improvements. Not stated. (Section 5.8(a)(i)(1))

Use restrictions

Unit is designed and intended for a one-family dwelling, or such other uses permitted by this Declaration. (Section 1.5)

Voting & meetings

Presence of at least 20% of Unit Owners (in person or by proxy) constitutes a quorum at meetings of Unit Owners. (Section 5.4(a))

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