Greenway Condominium Estates

Key facts from Greenway Condominium Estates's documents

Reflects the 2008 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Greenway Condominium Estates

Developer / declarant

Greenway Inc.

Governing law

Ohio Revised Code Chapter 5311 (Condominium Act) (Definitions: 'Condominium Act' means the)

Assessments & dues

Board estimates next fiscal year's costs for maintenance, insurance, utilities, reserves, administration, etc. and prorates among units on basis set forth in 15.3(B) which lists cost categories but not allocation formula; from context of eq (Article XV Section 15.3(A) and (B))

Special assessments

Board may levy special assessments for capital improvements; new capital improvements require prior consent of 75% of Unit Owners voting power (Article XV Section 15.4: 'the Board may )

Reserves & fees

Board may charge administrative late fees for unpaid assessments (Article XV Section 15.7(A)(iii): 'charge)

Parking & vehicles

Board may restrict or prohibit boats and recreational vehicles on common areas (Article III Section 3.2.6: 'restricting )

Architectural approval

Alteration of common areas or limited common areas requires written consent of Association; additions altering unit boundaries require amendment of the Declaration (Article III Section 3.2.15: 'no addition)

Home business

Professional occupant may use Unit as home office provided no signs, no clients/customers on premises, and complies with Board rules on parking and hours (Article III Section 3.2.1(A): 'a profess)

Maintenance

Association maintains common areas (including structural portions and exterior of buildings, utility facilities serving more than one unit, lawns, shrubs, trees, walkways, drives, parking areas). Unit owner maintains unit interior including (Article IX Sections 9.1 and 9.2; also Ar)

Use restrictions

Units shall be used only for residential purposes and purposes customarily incidental, with limited exceptions for home office and Association use (Article III Section 3.2.1: 'no Unit shal)

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