HOA assessments in Canal Winchester planned communities are governed by ORC 5312.11 and 5312.12. Associations may levy regular and special assessments per the declaration. Unpaid assessments become liens on the lot and can be foreclosed after 12 months of delinquency.
Regular assessments fund common-area maintenance, insurance, reserves, and management. Special assessments require owner vote per bylaws for amounts above declaration thresholds. ORC 5312.11(A) requires the board to adopt an annual budget. Owners must receive notice of assessment increases. Late fees are typically 10 to 15 percent; interest cannot exceed the statutory rate under ORC 1343.03 (currently 5 percent) unless the declaration sets a specific rate. The association may record a lien for unpaid assessments after providing the statutory notice under ORC 5312.12, and may foreclose if delinquency exceeds 12 months or as declaration permits.
Non-payment: late fees, interest, lien, attorneys fees, and eventual foreclosure under ORC 5312.12. Owners may still be liable for rental income garnishment in rented properties.
See how other cities in Fairfield County handle assessment & dues.
See how Canal Winchester's assessment & dues rules stack up against other locations.
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