Old Tipton Estates Homeowners Association, Inc.

Key facts from Old Tipton Estates Homeowners Association, Inc.'s documents

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

Community type

Homeowners Association (Old Tipton Estates Homeowners Associatio)

Legal name

Old Tipton Estates Homeowners Association, Inc. (Article I A)

Developer / declarant

Luker-Carter, LLC (First paragraph of Declaration)

Governing law

Illinois not-for-profit corporation law (Article I A: "an Illinois not for profit)

Assessments & dues

$100 per single family lot per Class A Member initially (Article VI Section 3: "ONE HUNDRED DOLLA)

Special assessments

Requires assent of two-thirds of total membership (including Class B) at a meeting with 30 days written notice (Article VI Section 5)

Reserves & fees

Mentioned as possible part of budget (capital contribution or reserve), not mandatory (Article VI Section 3: "may include a cap)

Architectural approval

Prior written approval of Architectural Control Committee required for any construction, remodeling, addition, fence, wall, drive, path, improvement (Article VIII Section 2 B)

Setbacks / home size

One-story: at least 1,800 sq ft; Two-story: at least 2,400 sq ft (excluding basement and garage) (Article VIII Section 1)

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