Thornton Hs Condo

Key facts from Thornton Hs Condo's documents

Community type

Condominium

Legal name

Thornton House Condominium Unit Owners’ Association

Governing law

Ohio Revised Code Chapter 5311 (Preamble and multiple sections reference)

Special assessments

Eviction costs charged to Unit Owner shall be subject of a special Assessment against the offending Unit (Amendment (6), new PARAGRAPH, Declaratio)

Collections & liens

Association has lien on each Unit’s ownership interest for unpaid interest, administrative late fees, enforcement assessments, collection costs, attorney's fees, and paralegal fees (Amendment (5), new 2.4 PARAGRAPH, Declar)

Reserves & fees

If Association collects a Common Surplus at end of fiscal year, Board may apply that amount toward reserves (Amendment (12), new SENTENCE, Bylaws Art)

Voting & meetings

Voting privileges may be suspended by Board majority vote if Unit Owner delinquent >30 days (Amendment (8), new 2.4 PARAGRAPH, Bylaws)

Amendments

Amendments authorized by Paragraph 25 of Declaration; requires at least 75% of Association’s voting power consent; notice to first mortgagees; recording (Preamble, DOC 52845 and DOC 52846)

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