C V C

Key facts from C V C's documents

Reflects the 2024 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (DOC 52101 Recital A: 'Concord Village Co)

Legal name

C.V.C. Owners' Association

Governing law

Ohio Revised Code Chapter 5311 (DOC 52101 Recital G; DOC 52103 Recital B)

Collections & liens

Association has a lien upon each Unit's ownership interest for unpaid interest, administrative late fees, enforcement Assessments, and collection costs, attorney's fees, and paralegal fees (per ORC 5311.18(A)(1)(b)) (DOC 52104 Amendment (7), new paragraph i)

Reserves & fees

Board may impose interest and administrative late fees for late payment of Assessments; a unit owner who fails to pay any assessment within 10 days after due is liable for late charges as established by the Board (DOC 52104 Amendment (6); DOC 52101 modif)

Voting & meetings

Unit owners representing at least 75% of current voting power may amend the Declaration by written consent (DOC 52101 Recital D; DOC 52102 Recital D)

Amendments

Two methods: (1) Unit owners representing ≥75% of voting power execute written amendment; (2) Board of Directors may amend without unit vote under ORC 5311.05(E)(1)(c) for compliance with Chapter 5311 or for specified purposes in Article XI (DOC 52101 Recital C-D; DOC 52103 Recital)

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