Reserve at Northlake Condomini

Key facts from Reserve at Northlake Condomini's documents

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

Community type

Condominium (plan for condominium ownership)

Legal name

Reserve at Northlake Condominium Association, Inc

Governing law

Ohio Revised Code Chapter 5311 (Chapter 5311 of the Ohio Revised Code)

Special assessments

Cost of Association-performed maintenance due to owner failure, negligence, or warranty failure constitutes a special individual Unit assessment on the Unit owned by that Unit Owner (its cost, plus any other fees and penalt)

Reserves & fees

Association will maintain an adequate reserve fund for maintenance, repair, and replacement of improvements to the Common Elements, including Limited Common Elements that the Association is responsible for maintaining (The Association will maintain an adequat)

Maintenance

Owner responsible for structural (foundation, roof, and exteriors) (maintenance, repair and replacement of a)

Insurance

Association maintains insurance covering losses; net proceeds after deductibles available for repair (Except to the extent, if any, that a los)

Voting & meetings

Amendment required at least 75 percent of voting power; actual 94.12 percent executed consents (Unit Owners representing at least 75 per)

Amendments

Declaration Article XIX authorizes amendments; requires at least 75% of voting power; written instruments; must be recorded; challenge must be brought within one year of recording (Article XIX authorizes amendments; Unit )

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