Willow Oaks Condominium

Key facts from Willow Oaks Condominium's documents

Community type

Condominium

Legal name

Willow Oaks Condominium Association

Governing law

Ohio Revised Code Chapter 5311 (Doc 59258 recital B and C)

Special assessments

Operating and both types of special assessments, together with interest, late fees, and costs including attorney fees, shall be a charge and continuing lien on the Unit (Doc 59258 modification to Declaration Ar)

Collections & liens

Assessments are a continuing lien; lien certificate signed by a designated representative of the Association authorized by the Board (not necessarily the president) (Doc 59258 modification to Declaration Ar)

Reserves & fees

Board may maintain a reserve for cost of unexpected repairs and replacements of capital improvements and for repair/replacement of major improvements. Unit owners exercising not less than majority of voting power may waive the reserve requi (Doc 59258 modification to Declaration Ar)

Insurance

Board determines a reasonable deductible amount for the Association’s property insurance coverage (Doc 59256 modification to Declaration Ar)

Voting & meetings

Unit owners representing at least 75% of voting power must execute written instruments for amendments (Doc 59256 recital D, Doc 59257 recital D)

Amendments

Amendments require execution by Unit owners representing at least 75% of the Association's current voting power, or Board may amend without unit owner vote for specified purposes (see board_amendment_purposes). Amendments must be recorded. (Doc 59256 recital D, Doc 59257 recital 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.