Surrey Pointe

Key facts from Surrey Pointe's documents

Reflects the 1989 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Introduction: 'submits the Condominium P)

Developer / declarant

Z & H DEVELOPMENT COMPANY (Ohio general partnership) (Definition of Declarant)

Governing law

Chapter 5311 of the Ohio Revised Code (Condominium Act) (Introduction: 'pursuant to the provision)

Assessments & dues

Board estimates next fiscal year's expenses, allocates per undivided interest (Section 15.03(a)(1)-(2))

Special assessments

Permitted for capital improvements with 75% owner approval and 51% mortgagee approval (Section 15.03(b))

Collections & liens

Assessment constitutes lien; lien valid for 5 years; foreclosure action allowed (Section 15.05(b)-(g))

Reserves & fees

Board shall maintain operating and capital replacement reserves (Section 15.03(a)(1)(iv)-(v))

Leasing & rentals

30 days minimum; no transient rentals (Section 3.02(e)(i))

Parking & vehicles

Common Areas include surface parking; no specific parking rules except architectural control for structures? (Section 6.01)

Home business

Permitted as auxiliary or secondary to main office; personal professional activities allowed (Section 3.02(a)(i)-(ii))

Signs & flags

Subject to architectural control; no structure (including signs) without Board approval (Section 3.02(j))

Voting & meetings

Each Unit Owner entitled to one vote per Unit owned in fee simple. If multiple owners, one vote per Unit; designated in writing or, for husband and wife, either may vote. (Article VII 7.03)

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