Condominium Common Element For Fraternities And Sororities In Ohio

State:
Multi-State
Control #:
US-00454
Format:
Word; 
Rich Text
Instant download

Description

The Master Deed establishes a condominium project specifically designed for fraternities and sororities in Ohio, delineating the common elements essential for communal living. It outlines the rights and responsibilities of co-owners regarding the general and limited common elements, including roads, landscaping, utility systems, and recreational areas. Key features include clear definitions of various types of elements, maintenance responsibilities between co-owners and the association, and provisions for future development. Attorneys, partners, owners, associates, paralegals, and legal assistants will find this document useful for navigating the legal framework surrounding condominium ownership and management. It serves as a guiding tool in establishing rights to shared spaces and clarifying the financial responsibilities tied to property maintenance and development. Instructions for filling and editing involve ensuring compliance with the Ohio Condominium Act and local zoning regulations, and provisions for amendment require consent from a significant majority of co-owners. Overall, this Master Deed helps manage the complex interactions among fraternity and sorority members, ensuring a harmonious living environment.
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  • Preview Condominium Master Deed - Residential Condo Development
  • Preview Condominium Master Deed - Residential Condo Development
  • Preview Condominium Master Deed - Residential Condo Development
  • Preview Condominium Master Deed - Residential Condo Development
  • Preview Condominium Master Deed - Residential Condo Development
  • Preview Condominium Master Deed - Residential Condo Development
  • Preview Condominium Master Deed - Residential Condo Development
  • Preview Condominium Master Deed - Residential Condo Development
  • Preview Condominium Master Deed - Residential Condo Development
  • Preview Condominium Master Deed - Residential Condo Development
  • Preview Condominium Master Deed - Residential Condo Development

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FAQ

Limited common elements are parts of a condo that are assigned to individual units, but considered community property rather than the tenant's. Examples of limited common elements include windows, balconies, driveways, elevators, clubhouses, and swimming pools.

In Ohio, the procedure for dissolving an HOA may be outlined in the association's governing documents. If it is not, the board will need to obtain a majority vote from the members. A certificate must be submitted to the Ohio Secretary of State whenever a resolution of dissolution is enacted.

A common element is defined as all portions of the property except the units. Examples of common elements include fitness centers, elevators, lobbies, walkways, lighting in common hallways, garbage collection areas, swimming pools, landscaping, club houses, and more.

A common element is defined as all portions of the property except the units. Examples of common elements include fitness centers, elevators, lobbies, walkways, lighting in common hallways, garbage collection areas, swimming pools, landscaping, club houses, and more.

Conventional examples include a unit's driveway, garage, mailbox, or attic. A few communities have elevators, parking areas, or amenities which are allocated for particular buildings or clusters of units.

Common elements are owned in undivided shares by all inium unit owners as tenants in common and include portions of the inium shared or used in common by the inium's residents. Examples of common elements are: Building structural components and systems. Lobbies. Parking areas.

Common Elements of the inium Corporation are the land and structures in the inium Corporation other than the units themselves, such as the exterior landscaped areas, recreational facilities, parking garage, hallways, elevators, corridors, public washrooms, lobby areas, driveways, garbage rooms, electrical ...

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Condominium Common Element For Fraternities And Sororities In Ohio