Ashley Place Homeowners Association

Key facts from Ashley Place Homeowners Association's documents

Community type

Single-family residential homeowners association (HOA) (Pages 3-4: 'Only one single-family resid)

Units / lots

114 lots (Sections One, Two, Three) (Exhibit A of Amendment (doc 5))

Developer / declarant

Joseph W. Schwarz, Trustee; J. Harold Maggard, Trustee; Richard N. Hoekstra, Trustee; Michael E. McCafferty, Trustee (Second Amendment, Recitals)

Governing law

Ohio Revised Code § 1702.01 et seq. (Second Amendment, Article I, Section 1.1)

Assessments & dues

Maximum $135.00 per lot until 95% of lots in Sections One and Two are sold (Second Amendment, Article IV, §4.3 (Book)

Special assessments

May be levied for capital improvements with assent of 2/3 votes of each class (Second Amendment, Article IV, §4.4)

Collections & liens

Lien recorded after 60 days delinquency; foreclosure after 30 days of lien remaining unpaid (Homeowner Handbook, page 11, Assessment )

Reserves & fees

Association sets aside portion of annual fees in a reserve account for future repairs and replacements of common areas (Handbook page 6: 'Reserves' section)

Pets

Dogs, cats, or other household pets kept inside the main residence; not bred for commercial purposes; not in numbers as to be a nuisance (Second Amendment, Article VI, §6.16; Han)

Leasing & rentals

Yes, but tenant must be familiar with covenants; owner responsible for tenant's behavior (Homeowner Handbook, page 6)

Parking & vehicles

Garages must be used for parking; no inoperable vehicles over 5 days unless in garage; no house trailers; campers/boats/recreational vehicles may not be stored in yards except for 48 hours (Second Amendment, Article VI, Section 6.)

Architectural approval

Yes, for all exterior changes or additions (Second Amendment, Article VI, Section 6.)

Signs & flags

One professional sign max 1 sq ft; for sale/rent signs max 5 sq ft; political signs max 5 sq ft (each side) 30 days before election, remove within 7 days; on common property only open house and garage sale signs allowed (Second Amendment, Article VI, Section 6.)

Setbacks / home size

Ranch on basement: 1,400 sq ft living area; Two-story: 2,000 sq ft; excludes basement and garage; includes all outside walls (Second Amendment, Article VI, §6.7; also)

Use restrictions

Lots shall be used for residential purposes only (Second Amendment, Article VI, §6.6; Hand)

Voting & meetings

Class A (all owners except Declarants/Builders): 1 vote per lot; Class B (Declarants/Builders): 10 votes per lot. Class B ends when Declarants own less than 25% of lots. (Second Amendment, Article III, §3.2 (Boo)

Amendments

During Declarant control: by Declarants unilaterally; after last lot transferred: by 75% of Owners. Also Declarants may amend to correct errors or meet lender requirements without owner vote. (Second Amendment, Article VIII, §8.3 and)

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