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Home » US Law » 2022 Ohio Revised Code » Title 53 | Real Property » Chapter 5311 | Condominium Property » Section 5311.21 | Common Profits and Expenses Distributed.

Effective: July 20, 2004

Latest Legislation: House Bill 135 – 125th General Assembly

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.