Prairie Townhomes Association

Key facts from Prairie Townhomes Association's documents

Reflects the 2002 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Townhome Association (HOA-style, not condominium) (Recitals: 'townhome style dwelling units)

Developer / declarant

Prairie District Homes, L.L.C., an Illinois limited liability company (First paragraph of Declaration and Secti)

Governing law

Illinois General Not-For-Profit Corporation Act (Recitals: 'the Association under the Ill)

Assessments & dues

Board adopts annual budget by December 1; Townhome Assessment = total estimated expenses + reserves divided by number of Lots, divided by 12; each Owner pays equal share (Section 6.02: 'Each year on or before De)

Collections & liens

Charges create a lien on the Lot and are a personal obligation; Association may enforce and foreclose the lien (Section 7.01: 'Each Charge ... shall be )

Reserves & fees

Association shall segregate and maintain Capital Reserve for capital expenditures on Townhome Common Area and Home Exteriors for which Association is responsible; Board determines level based on periodic review (Section 6.06: 'The Association shall seg)

Pets

Pets may be kept in the Home subject to Board rules; no animals raised, bred, or kept in Townhome Common Area (Section 8.07: 'No animal of any kind sha)

Leasing & rentals

Yes, Owner may delegate right to use Home to tenants (who become Residents) (Section 2.07: 'An Owner shall delegate s)

Fences

Fences constructed by Declarant are maintained by Association; any fence built by Owner requires Board approval per Section 3.07 (Section 3.02(c): 'Maintenance, repair an)

Architectural approval

Yes, for any additions, alterations, or improvements to Lot, Home Exterior, or visible part of Home, including changes in exterior color, fences, awnings, antenna, satellite dish, landscaping changes; requires prior written consent of Board (Section 3.07: 'No additions, alterations)

Use restrictions

Each Home shall be used only as a residence; but incidental business use (professional library, business records, calls) allowed inside (Section 8.04: 'Each Home shall be used o)

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