Appletree Devel

Key facts from Appletree Devel's documents

Reflects the 1996 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

townhome (single family attached homes) (Preamble: "single family attached homes")

Legal name

Appletree Townhomes Association

Developer / declarant

Appletree Development, L.L.C.

Governing law

Illinois Not For Profit Corporation Act of 1986 (for Association) (Article III, Section 1 and Action by Una)

Special assessments

May be levied for capital improvements or unforeseen expenses with assent of 2/3 of each class of Members voting at meeting; supplemental assessment if annual budget inadequate (Board can adopt and serve notice) (Article IX, Sections 3.b and 3.c)

Reserves & fees

Board shall establish and maintain reasonable reserves for contingencies and replacements (Article IX, Section 3.e)

Pets

Yes, common household pets (dogs, cats, etc.) allowed for non-commercial purposes (Article VII, Section 2)

Leasing & rentals

Yes, with restrictions (Article VII, Section 1)

Parking & vehicles

Not permitted for storage; no motor vehicles in non-operative condition; no commercial vehicles; storage of boats, campers, trailers, trucks prohibited without Board approval (Article VII, Section 10)

Home business

No business, industry, trade, occupation, or profession of any kind allowed anywhere on Property; Declarant's development/marketing activities exempt (Article VII, Section 1)

Signs & flags

No signs except family name/address sign not exceeding 240 square inches; Declarant, Developer and Association signs exempt (Article VII, Section 8)

Use restrictions

Each Unit shall be used only as a residence for a single family (Article VII, Section 1)

Voting & meetings

For special assessment meetings: 60% of votes first meeting; if not reached, subsequent meeting quorum is half of that (30%); no meeting more than 60 days after preceding (Article IX, Section 3.d)

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