Sandburg HOA Alc 2 A

Key facts from Sandburg HOA Alc 2 A's documents

Reflects the 2024 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Title: 'Declaration of Condominium Owner)

Governing law

Illinois Condominium Property Act, 765 ILCS 605/1 et seq. (Amended, Restated and Consolidated Decla)

Age restriction

Not indicated. (No mention.)

Assessments & dues

Board determines Common Expenses and assesses each Unit Owner according to their percentage ownership in Common Elements. (Article III, Section 3.01 and Article V,)

Special assessments

May be used for additions, alterations, or improvements to Common Elements. (Implied authority). (Article IV, Section 4.10(a): 'The cost o)

Collections & liens

Not explicitly addressed in this excerpt. However, the Act provides for liens; the Declaration likely incorporates such provisions. (No explicit section found.)

Reserves & fees

Common Expenses may include reserves (optional). (Article I, Section 1.08 definition: 'inc)

Leasing & rentals

Yes, but subject to Board rules and regulations; no short-term transient/hotel purposes. (Article IV, Section 4.05(a) grants right)

Parking & vehicles

Parking Area is part of Common Elements. Board may allocate Parking Spaces on such basis and fees as it deems appropriate, operate or lease the Parking Area. (Article IV, Section 4.04(b))

Fences

Not specifically addressed. (No mention.)

Architectural approval

Yes, Board approval required for additions, alterations, or improvements to Common Elements or to Units that alter structure or increase insurance cost. (Article IV, Section 4.10(b))

Home business

Not specifically addressed. (No mention.)

Maintenance

Association responsible (part of Common Elements). (Article I, Section 1.07 includes roof in)

Use restrictions

Units designed and intended for any type of independent use (definition does not restrict to residential only, but commercial units are designated on Plat). (Article I, Section 1.26: 'designed and i)

Voting & meetings

One vote per Unit Ownership; total votes = 100, allocated according to percentage of ownership in Common Elements. However, if 30% or fewer Units control over 50% of votes, then percentage requirements are based on number of Units. (Article V, Section 5.03)

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