<p> OAKBROOK WALK CONDOMINIUM ASSOCIATION, INC. FREQUENTLY ASKED QUESTIONS & ANSWERS SHEET</p><p>Revised January 1, 2012</p><p>The statements contained herein are only summary in nature. A prospective purchaser should refer to all references, exhibits hereto, the Sales Contract and the condominium documents.</p><p>1) What are my voting rights in the condominium association? ANSWER: There are 168 units each with one vote. As of January 1, 2012 Oakbrook Walk, Ltd. owns 117 of the units.</p><p>2) What restrictions exist in the condominium documents on my right to use my unit? ANSWER: There are numerous restrictions (such as no pets, limits on number of people living in each unit, etc.) outlined in the condominium documents and attached Rules and Regulations. A careful reading of these documents is advised.</p><p>3) What restrictions exist in the condominium documents on the leasing of my unit? ANSWER: All of the restrictions applicable to your use as owner would apply to your tenant, and you as owner of a leased unit would be responsible to enforce the association restrictions, rules and regulations. The association shall have recourse against a unit owner for non- compliance.</p><p>4) How much are my assessments to the condominium association for my unit type and when are they due? ANSWER: Currently, monthly assessments due on or before the first of each month are $242 per month. This amount was last increased in January 2009 by $12.</p><p>5) Do I have to be a member in any other association? If so, how much are my assessments? ANSWER: There are no other associations or assessments.</p><p>6) Am I required to pay rent or land use fees for recreational or other commonly used facilities? If so, how much am I obligated to pay annually? ANSWER: No.</p><p>7) Is the condominium association or other mandatory membership association involved in any court cases in which it may face liability in excess of $100,000? If so, identify each such case. ANSWER: No, not as of this date.</p><p>8) How much money is in the reserve account for future roof replacement and similar capital repairs? ANSWER: About $80,957 or about $481 per unit as of 12/31/11. In December 2011, the members of the Association voted to fund an additional $14,400 in 2012. </p><p>NOTE: THE STATEMENTS CONTAINED HEREIN ARE ONLY SUMMARY IN NATURE. A PROSPECTIVE PURCHASER SHOULD REFER TO ALL REFERENCES, EXHIBITS HERETO, THE SALES CONTRACT, AND THE CONDOMINIUM DOCUMENTS.</p><p>(Oakbrook\Recurr\FrequentQuest&Answ)</p>