Property Ownership
Under Ohio's Planned Community Act (ORC Chapter 5312), homeowner associations have the authority to:
AIssue real estate licenses to residents
BLevy assessments, enforce deed restrictions, and manage common areas within the planned community✓ Correct
CRezone property within the development
DIssue building permits to homeowners
Explanation
Under ORC Chapter 5312, planned community homeowner associations have the authority to assess members for common expenses, enforce CC&Rs (covenants, conditions, and restrictions), and manage common areas.
People Also Study
Related Ohio Questions
- Ohio's 'New Community Authority' mechanism (ORC Chapter 349) primarily enables:Land Use & Zoning
- What is the Ohio Planned Community Act (ORC 5312)?Property Ownership
- The Ohio Planned Community Act governs:Property Ownership
- Ohio's 'New Community Authority' (NCA) allows developers to:Land Use & Zoning
- In Ohio, a commercial landlord who fails to maintain common areas (lobbies, parking lots, hallways) in a safe condition may face:Property Management
- Under Ohio law, the primary difference between joint tenancy and tenancy in common is:Property Ownership
- Which type of legal description is most commonly used in Ohio's urban areas?Property Ownership
Key Terms to Know
Deed
A written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
EasementA non-possessory right to use another person's land for a specific purpose.
EncumbranceAny claim, lien, charge, or liability attached to real property that affects its value or limits its use.
LienA financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
Study This Topic
Practice More Ohio Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Ohio Quiz →