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All lease or rental agreements regarding Unit must be in writing and shall be subject to all terms, conditions and requirements of the Declaration, By-Laws and Rules and Regulations of the Association. No Unit may be leased or rented for a period less than thirty (30) days. The Owner shall provide a copy of the lease or rental agreement to Board within ten (10) days after its execution or the date of occupancy, whichever occurs first. The Association is hereby expressly deemed to be a third party beneficiary of any such lease; and any violation of the Declaration, By-Laws or Rules and Regulations shall be deemed a default under such lease entitling the Association to exercise any and all remedies under the lease or available at law or equity, regardless of the Owner's action or inaction in response to such default.

Any Unit that is non-owner occupied is considered a "rental unit" .  The owner is responsible for registering said Unit with the Village of Fox Lake.  A copy of the Certificate of Compliance issued by the Village of Fox Lake must be presented with the copy of the executed lease before the Unit is occupied.

All owners of "rental units" must keep a current address, home phone number, business phone number and cell phone number on file with both the Village of Fox Lake and the association's management company.

Homeowners in violation of sections A,B, or C are subject to a $500 per month fine assessed against the unit starting at the time the Unit is vacated and/or non-owner occupied.

Rider to Lease