Villa Roma (IL)

Key facts from Villa Roma (IL)'s documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

VILLA ROMA HOMEOWNERS' ASSOCIATION

Units / lots

48 lots (Lots 24 through 71 inclusive) (Legal description, page 1)

Developer / declarant

STABILITY HOMES, LLC

Collections & liens

Unpaid assessments 90 days past due may become a lien; lien must be recorded within 2 years of due date and expires 2 years after recording; foreclosure allowed; Association may recover reasonable attorneys' fees and court costs (Section 20(g))

Parking & vehicles

Storage of vehicles on public roadways prohibited to the extent permitted by law (Section 11)

Architectural approval

Yes, prior written approval of Proprietor or designated representative required for building plans, specifications, and site plans (Section 3F)

Home business

Prohibited; no mercantile, commercial, manufacturing, professional or business purposes (Section 7)

Signs & flags

Advertising signs or billboards prohibited, except as used in sale of lots and residences (Section 3D)

Use restrictions

All lots shall be used for single-family residences only (Section 2)

Voting & meetings

One vote per lot; owners of divided lots cast proportional vote; voting in person or by written proxy (proxy expires within 6 months) (Section 20(d))

Amendments

Until transfer to Association, Proprietor may amend by recorded instrument; thereafter, 75% of lot owners consent required; also covenants auto-extend every 5 years after 10-year term unless majority of owners agree to change (Section 18)

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