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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 5311.21 | Common profits and expenses distributed.

Ohio Revised Code
/
Title 53 Real Property
/
Chapter 5311 Condominium Property
 
Effective:
July 20, 2004
Latest Legislation:
House Bill 135 - 125th General Assembly
PDF:
Download Authenticated PDF
 

Unless retained by the board of directors as reserves, the common profits of a condominium property shall be distributed among, and, except as provided in division (B) of section 5311.041 of the Revised Code, the common expenses shall be charged to the unit owners according to the undivided interests in the common elements appurtenant to their respective units.

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