Stonebridge (OH)

Key facts from Stonebridge (OH)'s documents

Developer / declarant

Stonebridge Corporation, an Ohio corporation (Recitals of Corrective Amendment; Declar)

Governing law

Ohio Revised Code Chapter 5311 (Condominium Act) (Recitals; Declaration Definitions §8)

Reserves & fees

General operating reserve at least equal to two months' currently estimated assessments; also a reserve for unexpected repairs and replacement of major improvements. (Declaration Article XV §3(a)(1)(d) and ()

Pets

Household domestic pets (not bred commercially) may be maintained subject to Board rules on size, number, type; Board may terminate if pet constitutes nuisance. (Declaration Article III §2(l))

Home business

Permitted only if no customers, employees, licensees, or invitees come to the unit; personal business via telephone and correspondence is allowed. (Declaration Article III §2(a) proviso)

Signs & flags

Generally prohibited except: (a) Common Area signs approved by Board; (b) one 'for sale/rent' sign not exceeding 9 sq ft on interior window side; (c) Declarant's signs during initial sale period. (Declaration Article III §2(h))

Use restrictions

Units shall be used only as residence for individuals living together as a single housekeeping unit; no group homes, foster homes, fraternities, etc. (Declaration Article III §2(a))

Voting & meetings

Each unit owner's vote is directly proportionate to the percentage of ownership in the Common Areas as set forth on Exhibit B. (Declaration Article VII §3: 'Each fee si)

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