Graystone Manor Condominium

Key facts from Graystone Manor Condominium's documents

Reflects the 2024 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Graystone Manor Condominium Association

Governing law

Ohio Revised Code Chapter 5311 (Recital B of DOC 59294, page 3; Recital )

Assessments & dues

Board determines amounts (implied); specific formula not provided. (Article XX, Section 2 as referenced)

Special assessments

Board may impose special assessment for costs incurred from enforcement of sex offender restriction or eviction costs; such costs become a lien. Also reserve provision avoids special assessments if reserve adequate. (DOC 59295 – Sex Offender subsection (r) )

Collections & liens

Association has a lien upon each Unit’s ownership interest for any unpaid interest, administrative late fees, enforcement assessments, collection costs, attorney’s fees, and paralegal fees. Lien certificate signed by president or designated (DOC 59294 amendment (7) – new sentence t)

Reserves & fees

Board may deem an amount adequate to maintain a reserve for unexpected repairs and replacement of capital improvements and for repair and replacement of major improvements in normal course of operations without special assessments, unless U (DOC 59296 amendment (8) – modifying Arti)

Use restrictions

Each Unit shall be used only as a dwelling place for a single family and purposes necessarily incidental. (DOC 59295 – amendment to Article II, Sec)

Voting & meetings

Voting rights of a Unit owner and right of Occupants to use recreational facilities may be suspended during default in payment of any charge levied by the Association. (DOC 59294, amendment (9) – modified Byla)

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