Deer Run Estates

Key facts from Deer Run Estates's documents

Community type

Covenant / Planned Community

Units / lots

Approximately 130+ lots from Exhibit A (incomplete count) (Exhibit A listing lots per phase)

Developer / declarant

Mitchell & Betty Owens and Clarence & Marlene Fleck

Governing law

Chapter 5312 of the Ohio Revised Code (Same citation)

Special assessments

If insurance proceeds insufficient, amount may be obtained from reserves and/or special assessment levied as Association decides. (Section 3(b): "may be obtained from the )

Reserves & fees

Balance after paying repair costs from construction fund deposited to reserves. (Section 3(c)(ii): "such balance shall be)

Leasing & rentals

Prohibited except for undue hardship exceptions granted by Board; existing leases may continue until conveyance (First amendment, Article VIII(p)(b): "th)

Setbacks / home size

Ground floor area not less than 1,000 square feet (Section 1: "The ground floor area less t)

Insurance

Maximum deductible 5% of policy face amount and no greater than 5% of Lot value for individual Lot loss; higher deductible allowed for earthquake coverage. Owner responsible for deductible applicable to loss to Lot. (Section 3(c): "The maximum deductible sh)

Use restrictions

Only single-family detached dwellings permitted (Section 1: "building plot other than one)

Voting & meetings

Amendment requires affirmative vote of at least 75% of total votes held by members (Article X, Section 3 (recited in both am)

Amendments

Amendment requires recordation of instrument setting forth amendment approved by not less than 75% of lots. (Section 18: "only upon the recordation o)

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