Marina Towers Condominium Association

Key facts from Marina Towers Condominium Association's documents

Reflects the 2018 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium Association (Definition of Association: 'Marina Tower)

Legal name

Marina Towers Condominium Association

Governing law

Illinois Condominium Property Act (Section I.A 'Act - The Illinois Condomin)

Collections & liens

Unpaid assessment or fine constitutes automatic lien on unit. Association may file suit for judgment and eviction, or for foreclosure lien. (Section II.B.4.a, b, c)

Reserves & fees

Assessments due on or before first day of month. If not fully paid by 10th of month, default and late fee assessed (see current fee schedule). (Section II.B.1.a)

Pets

Only household cats, Service Dogs, Assistance Animals, and small birds. (Section IV.B.1)

Leasing & rentals

Yes, with requirements. (Section II.C 'LEASING RULES')

Home business

Each unit shall be used as a residence and for no other purpose except as an ancillary or secondary facility to an office established elsewhere or as a home office so long as the activities are legal and do not include more than 2 unique vi (Section II.A.1 'Residential Use and Occu)

Insurance

All Unit Owners must obtain insurance covering personal liability and compensatory damages to another unit or common elements caused by negligence, minimum $500,000. Proof filed annually. (Section II.E.2.f)

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