Colonnades Home Association

Key facts from Colonnades Home Association's documents

Reflects the 2011 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Declaration of Covenants... Colonnades H)

Legal name

Colonnades Homeowners Association

Governing law

General Not-For-Profit Corporation Act of Illinois (By-Laws Article XII: Roberts Rules of Or)

Assessments & dues

Board approves Budget at December meeting for January 1 fiscal year; budget distributed to each Owner. (Article III, 5a: The Board of Directors )

Special assessments

Levy by Board in any fiscal year with written consent of two-thirds of Owners. (Article III, 5e: the Board may levy, in )

Collections & liens

Unpaid amounts plus interest constitute a lien on the Unit; Association may foreclose. (Article IX, 2: such unpaid amount plus i)

Reserves & fees

The Budget shall provide for a reasonable reserve fund; no Owner has interest or right to refund. (Article III, 5d: The Budget shall provid)

Pets

Yes, limited to one dog, two cats per household; other common household pets allowed subject to Board rules (excluding pigs, livestock, poultry, reptiles). (Article V, 9a,b,c: There shall be a limi)

Use restrictions

Each Unit shall be used exclusively as a private single family residence. (Article V, 7a: Each Unit in the Colonnad)

Voting & meetings

One vote per Unit; if multiple owners, joint vote; no cumulative voting. (Article III, 2a: each Owner is entitled )

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