Retreat at Grand Oak

Key facts from Retreat at Grand Oak's documents

Reflects the 2011 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Header 'DECLARATION OF CONDOMINIUM OWNER)

Legal name

Retreat at Grand Oak Condominium Association

Governing law

Ohio Revised Code Chapter 5311 (Recitals: 'Chapter 5311 of the Ohio Revi)

Special assessments

Board may raise sums by special assessment for indemnification costs; eviction costs chargeable as special assessment and lien. (Amendment A (d) and Eleventh Amendment D)

Collections & liens

Lien may include assessments, interest, late fees, enforcement assessments, collection costs, attorney fees, paralegal fees. (Eleventh Amendment D: 'The lien amount m)

Reserves & fees

Profits from operations applied to reserves at end of fiscal year; minimum annual reserve not less than 10% of budget unless waived by majority of voting power. (Eleventh Amendment M and N)

Voting & meetings

Amendments require 75% of voting power; suspension of voting for delinquency over 30 days (Amendment B recital: 'Unit Owners repres)

Amendments

Requires 75% of voting power consent, or Board action under ORC 5311.05(E)(1)(c) for certain amendments. (Amendment A recital (75%) and Eleventh A)

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