Thursday, June 10, 2010

Governor Signs HOA Bill Into Law!

Great News! Today, Governor Strickland signed the Ohio Planned Community Act into law, which will become effective in 90 days. The Act, which established Ohio Revised Code Chapter 5312, provides for the statutory framework of the governance and operation of Ohio’s community associations. Similar to the statute enacted for condominiums, Ohio’s community association owners now will enjoy significant consumer protections designed at preserving their communities and property values.

Kaman & Cusimano, LLC “Service Option” clients and property managers will soon be receiving a detailed Kaman Report newsletter on the new law.

In the meantime, to see a complete copy of the Act, please visit: http://www.legislature.state.oh.us/bills.cfm?ID=128_SB_187