Residences at Concord Highlands Condominiums

Key facts from Residences at Concord Highlands Condominiums's documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Declaration, Definitions: "Condominium" )

Legal name

Residences at Concord Highlands Condominiums

Developer / declarant

Residences at Concord Highlands LLC, an Ohio limited liability company (Recitals: "Residences at Concord Highlan)

Governing law

Chapter 5311 of the Revised Code of Ohio (Recitals: "pursuant to the provisions of)

Special assessments

Allowed for capital improvements (Article XV Section 3(b)) and special individual unit assessments (Article XV Section 3(c)) (Article XV (from Declaration Index page )

Collections & liens

Association has lien for unpaid assessments; enforcement rights (Article XV Sections 5 and 6) (Article XV: "Effect of Nonpayment of Ass)

Reserves & fees

Association shall maintain an adequate reserve fund for periodic maintenance, repair, replacement of Common Elements and structural components of Limited Common Elements (Article IX, Section 1: "The Association )

Pets

Household domestic pets not bred for commercial purposes allowed, subject to Board rules (Article III, Section 2(m): "household do)

Leasing & rentals

Leasing is the intended use of Units; all leases must be subject to Declaration, Bylaws, and rules; Association may evict tenants in violation (Article III, Section 2(h): "Any form of )

Home business

Operation of property management company from a Unit not considered incidental to residential occupancy; Declarant may maintain sales models and offices in a Unit or Clubhouse (Article III, Section 2(a): "Operation of)

Signs & flags

Signs restricted: only (i) Board-approved signs on Common Elements, (ii) one professional sign not exceeding nine square feet advertising Unit for sale/rent on interior side of window, (iii) Declarant's advertising and model signs not limit (Article III, Section 2(i))

Maintenance

Association: Common Elements, structural portions of Limited Common Elements, exterior of buildings, utility lines serving more than one unit, walkways, drives, parking. Owner: Unit interior and all components thereof, windows, doors, scree (Article IX Sections 1 and 2)

Insurance

Fire and extended coverage insurance on all buildings, structures, fixtures, equipment, common personal property; includes built-in improvements in Units, interior walls, windows, doors. Also comprehensive general liability insurance with m (Article XI, Section 1 (fire and extended)

Use restrictions

Units are to be used for commercial purpose of multi-family apartment development; all Units owned for investment and leased to third-party tenants as residences (Article III, Section 1: "each Unit Owner)

Voting & meetings

One vote per Unit; each Unit Owner entitled to proportional vote based on share of undivided fee simple interest, but entire vote may be cast by any owner unless timely challenged (Article VII, Section 3: "each Unit shall)

Amendments

Conducted pursuant to Article XIX (Power to Amend) and Section 5311.031 of Condominium Act; for boundary relocations, reallocation of undivided interests, and reallocation of Limited Common Elements rights, specific vote and recording proce (Article V, Section 3 and Article VI, Sec)

Amenities

Private roads, enclosed garages, unenclosed surface parking spaces, ponds/lakes, green spaces, clubhouse, fitness center, outdoor swimming pool (Article IV, Section 2: "The Common Eleme)

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