Painter Farm Homeowners Association Inc

Key facts from Painter Farm Homeowners Association Inc's documents

Community type

Homeowners Association

Legal name

The Painter Farm Homeowners Association, Inc.

Units / lots

8 initial, maximum 10 (Declaration Recital B: 'originally consi)

Developer / declarant

Concord Equities, Ltd. (First page of Declaration)

Governing law

Ohio Revised Code, Chapter 1702 (Declaration Article I, Section 2)

Assessments & dues

Determined by Board each year based on estimated budget divided by number of lots. For unoccupied lots during first 24 months, $1,200 per year (Jan 2025 dollars, adjusted for CPI). (Declaration Article VI, Sections C and D)

Special assessments

Association may levy special assessment to cover shortfall in annual budget or for emergency needs. (Declaration Article VI, Section E)

Reserves & fees

Association shall maintain a reasonable operating reserve for future capital repair and replacement of Amenities. (Declaration Article VI, Section I(e))

Home business

Allowed: personal professional library, personal business records, remote work from home. Not allowed: no industry, business, trade, occupation or profession conducted on Lot (except customarily incidental residential use). (Declaration Article IV, Section I)

Use restrictions

Each Lot shall be used only as a single-family residence and customarily incidental uses. No rooming house, group home, place of business (except limited exceptions), fraternity, etc. (Declaration Article I, Section 5)

Voting & meetings

Each Lot has one vote. No lot vote greater than one. (Bylaws: Members Qualifications; Declarat)

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