Lakewood

Key facts from Lakewood's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Declaration of Lakewood Condominium (all)

Legal name

Lakewood Condominium Association, Inc.

Units / lots

Approximately 170 (based on phase descriptions: 1A-1H, 19A-19H, etc., plus lots 330-331) (Legal Description, Doc 58750 pages 9-10)

Governing law

Ohio Revised Code Chapter 5311 (Recital R (Doc 58749, page 4) and Recita)

Special assessments

The Association may assess the amount of any deductible expense attributable to any Unit(s) as a special individual Unit assessment under Article XI, Section 11.03 (Amendment C, Doc 58749 page 9 (modified )

Collections & liens

Costs of eviction actions, including reasonable attorneys' fees, will be assessed to the Unit Owner and the Unit's account and become a lien against that Unit (Leasing Amendment, Section 13.17(b)(ix),)

Leasing & rentals

For Exempt Units and Hardship Units, lease terms must be for 12 full, consecutive calendar months. (Section 13.17(b)(i), Doc 58750 page 4)

Maintenance

Unit Owner is responsible to insure, maintain, repair, and replace at own expense any exterior construction, addition, expansion, alteration, or improvement made to or installed on Limited Common Elements or Common Elements (including patio (Amendment B, new paragraphs to Section 3)

Voting & meetings

Amendments require at least 75% of the Association's current voting power (based on ownership interests); specific percentages given for each amendment (Recital D, Doc 58749 page 1; 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.