Chestnut Hill

Key facts from Chestnut Hill's documents

Community type

Condominium

Legal name

Chestnut Hill Homeowners Association

Governing law

Ohio condominium law (implied by recording and legal description) (Document recorded in Butler County, Ohio)

Age restriction

Yes. Each unit intended and operated for occupancy as the principal residence by at least one person 55 years of age or older, provided that at least 80% of the units meet this requirement. Intention to be considered a Fifty-Five and older (Article III, Paragraph A (3) as amended )

Special assessments

If the Association purchases a unit under right of first refusal, the costs of purchasing the Unit will be shared equally by the Units other than the Unit being sold and shall be a Special Unit Assessment. (Article III (B)(13) as amended by Sectio)

Leasing & rentals

Yes, but only with approval of the Executive Board. (Article III (B)(7) as amended by Section)

Home business

Allowed if all of the following apply: (a) such use is of an incidental nature (such as a home office); (b) the use does not require County or City approval or issuance of any plans, permits, licenses, or other reviews; and (c) the use does (Article III, Paragraph B (1) as amended )

Use restrictions

Yes. No Unit shall be used for any purpose other than that of a principal residence and purposes customarily incidental thereto. Principal residence defined as Unit Owner's legal residence for income tax purposes. Unit must be occupied as p (Article III, Paragraph B (1) as amended )

Voting & meetings

Amendment requires consent of Unit Owners exercising not less than 75% of voting power and of at least 51% of Eligible Holders of First Mortgages on Units subject to Mortgages. Changes to boundaries, ownership percentage, number of votes, o (Article XIV (pages 28-29 of original Dec)

Amendments

As per Article XIV of original Declaration: requires consent of Unit Owners holding not less than 75% of voting power and at least 51% of Eligible Holders of First Mortgages, except certain changes require unanimous consent. This amendment (Section (C) and (D); Exhibit A)

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