Terrazza (OH)

Key facts from Terrazza (OH)'s documents

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

Community type

condominium (Throughout document (Declaration, Condom)

Units / lots

21 (10 original + 11 added by amendment) (Amendment Section 5: 'expands the Condom)

Governing law

Chapter 5311 of the Revised Code of Ohio (Condominium Act) (Recitals; Declaration page 1)

Assessments & dues

Operating Assessments, Special Assessments for Capital Improvements, Special Individual Unit Assessments; based on undivided interest par values (Article XV Sections 1-3; Exhibit D par v)

Special assessments

Allowed: Special Assessments for Capital Improvements and Special Individual Unit Assessments (Article XV Section 1(b) and (c))

Collections & liens

Association has lien for unpaid assessments; can foreclose (Article XV Section 5, 6)

Reserves & fees

Mentioned in Article XV heading; specific requirements not detailed (ARTICLE XV heading: 'ASSESSMENTS AND ASS)

Pets

Yes, household domestic pets (not for commercial purposes) may be maintained in interior of Unit, subject to Board rules (Article III Section 2(a))

Leasing & rentals

Yes, but with restrictions; no transient or hotel use; entire Unit only; written lease required; notice to Board (Article III Section 2(j))

Parking & vehicles

Board may regulate parking on Common Elements and Limited Common Elements; may restrict or prohibit vehicles, boats, trailers, inoperable vehicles, etc. (Article III Section 2(r))

Architectural approval

Yes, except for improvements constructed by Declarant during initial construction. All other structures, exterior additions, changes, or alterations visible to exterior require written approval of Board or its designee. (Article III Section 2(b))

Home business

Permitted if no customers, employees, licensees, or invitees come to the Unit; personal business records, phone calls, correspondence allowed (Article III Section 2(q)(i))

Signs & flags

Limited: one professional sign not exceeding 9 sq ft on interior side of window for sale/rent; signs on Common Elements approved by Board; Declarant signs allowed during sales period (Article III Section 2(n))

Maintenance

Association: maintenance, repair, replacement of Common Elements, Limited Common Elements (structural), and exterior/structural portions of buildings. Owner: repair and maintenance of Unit interior and components, windows, doors, and cleani (Article IX Sections 1 and 2)

Insurance

Special form casualty insurance on buildings, structures, fixtures, equipment, common personal property; liability insurance with minimum $1 million per occurrence; fidelity bond for Association funds (Article XI Sections 1, 2, 3)

Use restrictions

Yes, except as expressly provided (e.g., Declarant models, Association office) (Article III Section 2(q): 'no Unit shall)

Voting & meetings

As set forth in the Bylaws (Article VII Section 3)

Amendments

Article XVIII: power to amend, method to amend (specifics not in excerpt; reference to Declaration) (Article XVIII (heading and brief text))

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