Fordham Park

Key facts from Fordham Park's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

homeowners association (Fordham Park Homeowners Association, Inc.) (Section 2.3)

Legal name

Fordham Park

Units / lots

34 (initial phase) (Section 1.1: "Lots 1-34 of Fordham Park )

Developer / declarant

Pulte Homes of Ohio LLC (Opening paragraph)

Assessments & dues

Prior to December 31, 2023, not to exceed $1,200 per year per Lot; thereafter set annually by Board based on estimated Common Expenses divided by total Lots (Section 6.3)

Special assessments

Board may levy Special Assessment for capital expenditures, interest on capital debt, unanticipated operating deficiencies, or other purposes determined by Board (Section 6.4)

Collections & liens

All unpaid Assessments constitute a lien on the Lot; may file a Notice of Lien if unpaid for 10 days after due; lien subordinate to bona fide first mortgage; Association may foreclose (Section 7.3)

Reserves & fees

Board shall establish and maintain Reserve Funds for financing operation, repair, replacement of major capital items (Section 6.1)

Pets

Animals not prohibited outright but no breeding, boarding, or raising for commercial purpose; may be subject to Rules (Section 10.6)

Leasing & rentals

Leases permitted but must be in writing and subject to Declaration, Governing Documents, and Rules; no hotel or transient uses (including room service, maid service, etc.) (Section 10.10)

Architectural approval

Design Review Board approval required for any Improvement or construction, modifications, additions, alterations; prior written consent needed for any change visible from exterior (including paint colors, roofing, fencing, recreational devi (Sections 9.1, 9.2)

Signs & flags

Only signs allowed: marketing signs by Developer; street/ID signs; one temporary real estate sign ≤6 sq ft; up to 3 temporary political signs ≤6 sq ft each during election period; no signs on Common Property without Board approval (Section 10.5)

Setbacks / home size

One-story: minimum 1,200 finished habitable sq ft; Two-story: minimum 1,500 finished habitable sq ft (both exclusive of garage and basement) (Section 10.2)

Maintenance

Association maintains Common Property; Owner maintains Lot (including all improvements on Lot) (Sections 8.1, 8.2)

Use restrictions

Lots shall be used only for residential purposes; exception for builders' model homes (Section 10.1)

Voting & meetings

Each Owner one vote per Lot; until Turnover Date, Developer has sole right to exercise all voting powers of members and also has 4 additional votes per 1 vote of any other person (Sections 4.1, 4.2, 4.3)

Amendments

Declaration may be amended by vote of Owners holding at least 66⅔% of total votes; but certain sections (5.11, 5.1(d)) require Developer consent and/or 100% Owner vote; Developer may amend unilaterally to annex additional property (Section 13.3, 1.2)

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