This morning, the Ohio House of Representatives voted 95-1 in favor of the Ohio Planned Community Act. In the next few weeks, the Senate should vote to concur with the House's bill, and then it will be sent to Governor Strickland for his signature. A very big Thank You to all of Ohio's community association board members and property managers who urged the general assembly to pass this important bill.
This landmark legislation will give Ohio's homeowner associations a statutory foundation, similar to Ohio's condominiums. The Act will provide Ohio homeowners with the consumer protections they deserve by protecting their investment through statutorily organized associations creating strong neighborhoods and communities. This includes the ability to amend a declaration, require annual elections, inspect the association's records, and to handle rule enforcement issues in-house to avoid litigation. Stay tuned to www.ohiohoalaw.com for more information and updates as they become available.
Kaman & Cusimano, LLC will soon be distributing to all managers and HOA boards a special edition Kaman Report detailing the new law and its impact.