Landings Condominium Association

Key facts from Landings Condominium Association's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (All documents refer to condominium owner)

Legal name

The Landings Condominium Association Building J

Developer / declarant

Landings Lane DP I:LE

Governing law

Illinois Condominium Property Act (Article IV, Section 1; also recitals)

Assessments & dues

Estimated by Board annually; notified by Dec 15; paid monthly (1/12). Amount not fixed but based on percentage of common elements. (Article VII, Section (a))

Special assessments

For additions/alterations to common elements: requires approval of two-thirds (2/3) of total votes. For emergencies or mandated by law: adopted by Board without owner approval. (Article VII, Section (a): 'Special asses)

Voting & meetings

One person per unit ownership; total votes = 100, distributed according to percentage of common elements. Proxy allowed, invalid after 11 months unless otherwise provided. Installment contract purchasers have voting rights for board electio (Article VI, Section 2)

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