Country Meadow

Key facts from Country Meadow's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article I Definitions: Condominium)

Legal name

Country Meadow Condominium at Sunnyview Farms Association

Governing law

Ohio Revised Code Chapter 5311 (Recitals A and Article I Definitions: Co)

Assessments & dues

Board estimates common expenses for fiscal year and prorates among units according to each unit's undivided interest in common areas. (Article XV, Section 3(a))

Special assessments

Special assessments for capital improvements require prior consent of 75% of unit owners and 51% of first mortgage holders. Special individual unit assessments may be levied for costs chargeable to a specific unit (e.g., repairs, insurance (Article XV, Sections 3(b) and 3(c))

Collections & liens

If assessment more than 10 days overdue, Association may file certificate of lien with Delaware County Recorder. Lien valid for 5 years. Association may foreclose lien. Lien subordinate to previously recorded first mortgage. Joint and sever (Article XV, Sections 5(b)-(h), Section 6)

Reserves & fees

Surplus collections at end of fiscal year retained as reserved funds for benefit of the Association. (Article XV, Section 3(a)(5))

Voting & meetings

One vote per unit owned in fee simple. Multiple owners of a single Unit may proportionately split their vote. (Article VII, Section 3)

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