Cove at Village Green

Key facts from Cove at Village Green's documents

Community type

Homeowners Association (Article I, Section 1)

Legal name

The Cove at Village Green Homeowners Association, Inc.

Governing law

Ohio Revised Code (Article VI, Section 6 (Section 1343.03);)

Assessments & dues

Board adopts budget; summary delivered to Owners at least 30 days prior to start of fiscal year; assessments take effect first day of fiscal year. (Article VI, Section 1)

Collections & liens

Association has lien; Board may foreclose and bid at sale; fines also constitute a lien. (Article VI, Section 8; Article VII, Sect)

Reserves & fees

Capital budget required; capital contribution included in assessment; amount set aside for reserves may be waived annually by majority of voting power. (Article VI, Section 2)

Voting & meetings

Each Lot has one vote; majority defined as more than 50%; voting by mail allowed. (Article II, Sections 7 and 9)

Amendments

By majority of Members; Declarant has veto while it has right to appoint Directors. (Article VIII, Section 8)

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