Village at Inverness Condominium

Key facts from Village at Inverness Condominium's documents

Reflects the 2025 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Village at Inverness Condominium Association

Governing law

Ohio Revised Code Chapter 5311 (DOC 59297 Recital B; DOC 59297 new Artic)

Special assessments

Association may assess deductible expense attributable to any Unit(s) as a Special Individual Unit Assessment in accordance with Article XI Section 3(c). (DOC 59298 new Article XI Section 1(f))

Collections & liens

Continuing lien effective from time certificate of lien or renewal certificate is duly filed, continues for five (5) years unless sooner released or satisfied, or discharged by final judgment. (DOC 59297 Amendment (2), modifying Artic)

Reserves & fees

Amount deemed adequate by Board to maintain reserve for unexpected repairs and replacements of capital improvements and for repair and replacement of major improvements in normal course of operations. Unit owners exercising not less than a (DOC 59297 Amendment (g), modifying Artic)

Insurance

Unit Owner is responsible for repairs or expenses up to the amount of any applicable deductible for loss or damage to their Unit. (DOC 59298 new Article XI Section 1(f))

Voting & meetings

Voting power based on ownership interests. Amendments require at least 75% of voting power for certain actions. Unit owners representing 76.74% (2018), 77.27% (Amendment A 2021), 75% (Amendment B 2021) executed amendments. (DOC 59298 Recital; DOC 59299 Recitals D,)

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