Gardens of Bay Landing Condominiums

Key facts from Gardens of Bay Landing Condominiums's documents

Community type

Condominium

Legal name

Gardens of Bay Landing Condominium Association

Governing law

Ohio Revised Code Chapter 5311 (Recitals in 2007 amendment: "the proceed)

Special assessments

Board may levy special assessment against all Unit Owners to cover repair costs exceeding insurance proceeds for Common Elements and Limited Common Elements. Additional assessments may be made during or after repair. Also, if Association pr (Section 14.4(b) and Section 14.1(g))

Reserves & fees

Excess insurance proceeds may be retained in reserve maintenance fund or other fund established for maintenance, repair, replacement of Common Elements and Limited Common Elements. (Section 14.4(c))

Insurance

Reasonable deductible determined by Board. Unit Owner responsible for deductible for loss/damage to their Unit; Association responsible for Common Elements deductible. If single loss affects multiple portions, costs proportionally allocated (Section 14.1(e))

Amendments

Requires Unit Owners representing at least 75% of Association’s voting power to execute written instruments. In 2007, Amendment A had 80% consent, Amendment B had 78% consent. Consents and powers of attorney were obtained. Notices to first (Recitals (pages 1-2) and Affidavit (Exhi)

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