Monarch Townhomes

Property Information

# of Units: 13
Type: Townhomes
Occupancy: Owner or renter
Neighborhood Amenities: Proximity to rec path, trails, & public transit
Completed: 1996

Restrictive Covenant Highlights

Employment: 30+ hours per week in Summit County
Property: Can own other property
Appreciation Limit: 5% per year or the change in AMI from year of purchase to sale date, whichever is less
Commission: 7% of sales price
Capital Improvements: 10% of initial purchase price upon approval
Retirement: Partial retirement at age 55 only
Rent: No short term rental allowed; owners can rent rooms to qualified tenants upon approval

Restrictive Covenants

Please note that the information provided on this page is for convenience only and is not a substitute for a full recorded document search and review. To obtain the recorded documents, please contact the Summit County Clerk & Recorder’s office.