Baileys Crossing Association

Key facts from Baileys Crossing Association's documents

Reflects the 1995 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

BAILEY'S CROSSING TOWNHOMES ASSOCIATION

Developer / declarant

McBoy Construction Co., an Illinois corporation (Recital (B), Page 1)

Assessments & dues

Board prepares annual budget on or before Dec 1, setting estimated costs and reserves. Annual assessments are fixed at a uniform rate for all Units (excluding Declarant’s unoccupied Units) and each Owner pays the assessment in monthly insta (Sections 5.03, 5.08)

Special assessments

Board may levy special assessments for capital improvements. If such assessment in one year exceeds $1,000, it must be approved by a majority of the Board and then by a majority of votes cast at a meeting or by instrument signed by owners o (Section 5.04, Page 30-31)

Collections & liens

Assessments, together with interest and costs, constitute a continuing lien on the Unit and may be foreclosed by action brought in the name of the Association. (Sections 5.01, 5.11)

Reserves & fees

The annual budget may include an amount designated as a capital reserve, which shall be segregated in a special account and used solely for major repairs and replacements to the Common Area and Association-responsible portions of Units. (Sections 5.03(a), 5.05)

Pets

Dogs, cats or other customary household pets may be kept subject to rules and regulations adopted by the Board, provided they are not kept, bred or maintained for any commercial purposes. Any pet causing a nuisance or unreasonable disturban (Section 8.06, Page 42-43)

Leasing & rentals

There is no restriction on the right of any Owner, including Declarant, to lease any Unit. Each lease must be in writing, shall be subject to and comply with this Declaration, the By-laws, and rules and regulations, and failure by the lesse (Article 11, Page 48)

Parking & vehicles

No boats, trailers, trucks, motor scooters, motorcycles or other vehicles of any kind may be parked or stored in outdoor parking areas unless permitted by the rules and regulations. (Section 8.02, Page 41-42)

Architectural approval

No building, fence, patio, wall, deck, porch, antenna, awning or other structure shall be commenced, erected or maintained upon the Property or upon any Unit without prior written approval of plans and specifications by the Board or an arch (Section 10.01, Page 47)

Home business

No industry, business, trade, occupation or profession of any kind shall be conducted on any Unit or Common Area. This does not preclude an Owner from maintaining a personal professional library, keeping personal business records or account (Section 8.08, Page 43)

Signs & flags

No signs (including 'For Sale' or 'For Rent'), advertising or other displays shall be maintained or permitted on any part of the Property except at such location and form as the Board may approve. Developer reserves the right to place sales (Section 8.09, Page 43-44)

Use restrictions

No part of the Property shall be used for purposes other than housing, parking, and related common purposes. Each dwelling shall be used for any residential purpose and for no other purpose. (Section 8.01, Page 41)

Voting & meetings

One vote per Unit, but no more than one vote per Unit. If more than one person is the record owner, the vote shall be exercised as such Owner of that Unit shall designate in writing to the Board. (Section 2.02, Page 5)

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