The Reserve of Medina Homeowners' Association

Key facts from The Reserve of Medina Homeowners' Association's documents

Community type

Homeowners Association (HOA) - The Reserve of Medina Homeowners' Association, Inc. (Article I(A)(6) Definitions, page 2)

Units / lots

Not explicitly stated; subdivision has Phases I, II, III with multiple plats (Article I(A)(21) Definitions (Subdivisio)

Governing law

Chapter 5312 of the Ohio Revised Code (Article I(A)(8) Definitions, page 3)

Assessments & dues

Board fixes amount at least 30 days in advance of each Annual Assessment year, sends written notice to Owners. (Article VI(I) Date of Commencement..., p)

Special assessments

Allowed for capital improvements, emergencies, or other projects not in annual budget. Requires 30-60 days notice, quorum as above, and majority vote? (Not explicitly stated; meeting procedure provided.) (Article VI(F) and (G), page 26)

Collections & liens

Annual and Special Assessments, plus interest, costs, late fees, attorney fees, constitute a lien on each Lot. Association may foreclose like a mortgage; owner grants power of sale. Lien subordinate to first mortgages. (Article VI(A) and (J)(3) and (K), pages )

Reserves & fees

Association must create a reserve fund for operation, maintenance, repair, improvement, and preservation of Common Elements, per Chapter 5312 and Amended Bylaws Article XI Section 4. (Article VI(E) Creation of Reserve Fund, )

Pets

Permitted pets: domestic household pets (dog, cat, bird, rabbit, fish or other aquatic life up to 100 gallon tank). Livestock, reptiles, fowl, poultry, pigs, snakes, horses, wild hybrids, and other animals prohibited. (Article III(C)(9) Animals and Pets, page)

Leasing & rentals

Leasing is prohibited except for dwellings occupied by parent(s) or child(ren) of the Owner. (Article III(C)(13) Leasing of Dwellings,)

Parking & vehicles

Commercial trucks, motor homes, boats, farm implements, riding lawn mowers, and commercial vehicles cannot be parked on any street or parking area within Subdivision except during normal business hours for deliveries (3 hrs) or maintenance (Article III(C)(10) first paragraph, page)

Architectural approval

Yes, all structural and exterior modifications, improvements, variances require prior written approval of the Board (after recommendation by Architectural Design and Review Committee). (Article III(C)(1)(b) and (a), pages 6-9)

Home business

Allowed with conditions: not detectable from outside, consistent with residential character, no walk-in traffic, no business deliveries, etc. Board determines compliance. (Article III(C)(12) Office Use, pages 17-)

Signs & flags

Signs require prior written Board approval, except for: rent, sale, security, local school support, political during election period, contractor during construction, customary name/address, and prohibiting solicitors. (Article III(C)(1)(b)(vii)(a), page 9)

Setbacks / home size

Minimum square footage of Dwelling (not including garage): 2100 sq. ft. Setback requirements: Front 80', Back 30', Sides 25'. Exceptions for corner lots, odd shaped lots, etc., with variances by Association. (Article III(C)(2) Setbacks and Encroachm)

Maintenance

Owner responsibility as part of exterior maintenance of Dwelling. (Article V(B), page 23 (entire exterior o)

Insurance

Association must obtain broad form public liability insurance covering Common Elements in combined single limit not less than $2,000,000. (Article VII(A) Public Liability Insuranc)

Use restrictions

Property is for residential purposes and customarily accessory/incidental uses. Each Dwelling must be used as a residential Dwelling. (Article III(A) Purpose of Property, page)

Voting & meetings

One vote per Lot owned; if two or more contiguous Lots comprise one address, only one vote. Voting exercised per Amended Bylaws. (Article IV(C) Voting Rights, page 21)

Amendments

This 2nd Amended Declaration may be amended with written consent or affirmative vote of Members entitled to exercise not less than a majority of voting power. Amendment must be recorded with Medina County Recorder. Special amendments by Boa (Article X(A), (B), (C), (D), pages 33-35)

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