Raintree Condo

Key facts from Raintree Condo's documents

Reflects the 2000 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Glen Ellyn Raintree Condominium Association

Governing law

Illinois Condominium Property Act (Recital and Section 1(a))

Collections & liens

Costs and expenses incurred by Association in enforcement constitute a lien on the Unit Owner's interest, foreclosable per Section 9 of the Act (Section 13)

Pets

Only household pets other than dogs or cats; dogs and cats only if owned by original Unit Owner at time of original conveyance and registered; cannot be replaced (Section 11(h))

Leasing & rentals

Unit Owner may lease all (but not less than all) of the Unit (Section 25)

Home business

No industry, business, trade, occupation, or profession of any kind (Section 11(c))

Signs & flags

No 'For Sale' or 'For Rent' signs except at location and form determined by Association; no sign on exterior walls or Common Elements without consent (Section 11(d), (g))

Insurance

Insurance required by Act and FNMA standards; comprehensive public liability and property damage insurance with minimum $1,000,000 per occurrence (Section 9(a)(i), (ii))

Use restrictions

Each Unit used as residence for a single family; no other purposes (Section 11(a))

Voting & meetings

Based on percentage of ownership of Common Elements (Exhibit B) – defined by Act (Section 4(e), Exhibit B)

Amendments

Certain sections (1-6, 7(j)(iv), 11(a)(c), 20, 19) require consent of all Board, all Unit Owners, and each mortgagee of record; other provisions require all Board, 75% of Unit Owners, and certified mail notice to mortgagees; effective upon (Section 19)

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