Pinnacle Condominiums

Key facts from Pinnacle Condominiums's documents

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

Legal name

Pinnacle Condominiums Unit Owners' Association (Article I(C))

Developer / declarant

Pinnacle 701, LLC (First page of Declaration (page 1 of 48))

Governing law

Ohio Condominium Act (Chapter 5311 of the Ohio Revised Code) (Recitals (page 1); Article I(A))

Assessments & dues

Board has authority to levy assessments; late charges as established by Board (Article V (Cost of Collection) and Artic)

Special assessments

May be levied for deficiency in insurance proceeds or other needs (Article VI(G)(2)); enforcement assessments for violations (Article X(D)) (Article VI(G)(2), Article X(D))

Collections & liens

Association has lien for unpaid Common Expenses; may foreclose; unit owner may challenge lien in Court of Common Pleas; judicial sale purchaser not liable for past due assessments (Article V (Dispute as to Common Expenses)

Reserves & fees

Reserve maintenance fund may be used for deficiency in insurance reconstruction (Article VI(G)(2): 'appropriation from th)

Pets

Yes, dogs, cats, or other household pets may be kept subject to rules; not for commercial purpose; nuisance pets must be removed within 3 days' notice (Article VII(F))

Leasing & rentals

Yes, Unit Owner may lease not less than all of his Unit (Article XVI(B))

Insurance

Not to exceed $10,000 (Article VI(A): 'subject to such deductib)

Use restrictions

Yes, no part of Property shall be used for other than housing use, except limited professional/commercial use authorized by Declarant or Board (Article VII(A))

Amendments

By affirmative vote of at least 75% of voting power, executed by two officers, certified, recorded. Declarant may amend unilaterally for expansion. Special amendments by Declarant or Board for compliance with governmental/financing requirem (Article XII(A) and (B))

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