Powell Grand

Key facts from Powell Grand's documents

Reflects the 2026 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Title: 'DECLARATION AND BY-LAWS CREATING)

Legal name

Cortland Powell Condominium

Units / lots

308 (Article V, Section 1: 'The Condominium c)

Developer / declarant

Powell Grand Communities, LLC, a Delaware limited liability company (Recitals A)

Governing law

Chapter 5311 of the Revised Code of Ohio (Title: 'UNDER CHAPTER 5311 OF THE REVISE)

Assessments & dues

Board determines annual operating assessment based on estimated budget; special capital assessments require Board approval and owners owning 51% voting power; special individual assessments for costs caused by owner's fault. (Article XV, Section 3)

Collections & liens

Association has a lien for unpaid assessments; may foreclose; lien is subordinate to first mortgages. (Article XV, Sections 5 and 6)

Reserves & fees

Association may, but is not obligated to, maintain a reserve fund for periodic and unexpected maintenance. (Article IX, Section 1: 'The Association )

Pets

Yes, household domestic pets not bred for commercial purposes, subject to Board rules on size, number, type, and clean-up requirements. (Article III, Section 2(m))

Leasing & rentals

Yes; Units intended to be leased as apartments; lease must be subject to Declaration, By-Laws, and rules. (Article III, Section 2(h))

Architectural approval

Yes; Board or representative must approve plans and specifications for any building, fence, wall, sign, or other structure, and any exterior change or addition. (Article III, Section 2(p): 'until the pl)

Signs & flags

Generally prohibited except: (i) Board-approved signs on Common Elements; (ii) one professionally prepared sign not exceeding 9 sq ft on interior side of window advertising sale/rent; (iii) Declarant's advertising signs not subject to Board (Article III, Section 2(i))

Insurance

Board shall obtain fire and extended coverage insurance on buildings, structures, fixtures, etc., at 100% replacement cost; also comprehensive general liability insurance with minimum $1 million per occurrence. (Article XI, Sections 1 and 2)

Voting & meetings

One vote per Unit; voting may be suspended for nonpayment of assessments or violation of terms; assignment of voting rights to anyone other than first mortgage holder prohibited. (Article VII, Section 3)

Amendments

Declaration may be amended by vote of owners of Units to which at least 2/3 of voting power is allocated (or by such other percentage as required by law). (Article XVII, Section 2)

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