Talismanic Properties, L.L.C. v. Cedar Grove of Tipp City Homeowner's Assn., Inc.

CourtOhio Court of Appeals
DecidedMay 29, 2026
Docket2025-CA-43
StatusPublished

This text of Talismanic Properties, L.L.C. v. Cedar Grove of Tipp City Homeowner's Assn., Inc. (Talismanic Properties, L.L.C. v. Cedar Grove of Tipp City Homeowner's Assn., Inc.) is published on Counsel Stack Legal Research, covering Ohio Court of Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Talismanic Properties, L.L.C. v. Cedar Grove of Tipp City Homeowner's Assn., Inc., (Ohio Ct. App. 2026).

Opinion

[Cite as Talismanic Properties, L.L.C. v. Cedar Grove of Tipp City Homeowner's Assn., Inc., 2026-Ohio-2004.]

IN THE COURT OF APPEALS OF OHIO SECOND APPELLATE DISTRICT MIAMI COUNTY

TALISMANIC PROPERTIES, LLC : : C.A. No. 2025-CA-43 Appellant : : Trial Court Case No. 25 CV 310 v. : : (Civil Appeal from Common Pleas CEDAR GROVE OF TIPP CITY : Court) HOMEOWNER'S ASSOCIATION INC. : : FINAL JUDGMENT ENTRY & Appellee : OPINION

...........

Pursuant to the opinion of this court rendered on May 29, 2026, the judgment of the

trial court is affirmed.

Costs to be paid as stated in App.R. 24.

Pursuant to Ohio App.R. 30(A), the clerk of the court of appeals shall immediately

serve notice of this judgment upon all parties and make a note in the docket of the service.

Additionally, pursuant to App.R. 27, the clerk of the court of appeals shall send a certified

copy of this judgment, which constitutes a mandate, to the clerk of the trial court and note

the service on the appellate docket.

For the court,

RONALD C. LEWIS, PRESIDING JUDGE

EPLEY, J., and HANSEMAN, J., concur. OPINION MIAMI C.A. No. 2025-CA-43

JOSHUA A. KOLTAK, MICHAEL J. SCARPELLI, and CHRISTOPHER J. ELLINGTON, Attorneys for Appellant JOSEPH E. DIBAGGIO, MICHELLE L. POLLY-MURPHY, and DERYN E. MURPHY, Attorneys for Appellee

LEWIS, P.J.

{¶ 1} Plaintiff-appellant Talismanic Properties, LLC (“Talismanic”), appeals from an

order of the Miami County Common Pleas Court that granted a Civ.R. 60(B) motion filed by

defendant-appellee Cedar Grove of Tipp City Homeowner’s Association Inc. (“Cedar

Grove”). For the following reasons, we affirm the judgment of the trial court.

I. Facts and Course of Proceedings

{¶ 2} This appeal involves a dispute between Talismanic, the developer of a planned

residential community, and Cedar Grove, the homeowner’s association for the planned

community. On May 8, 2025, Talismanic filed a complaint in the Miami County Common

Pleas Court for cognovit judgment and money damages against Cedar Grove. According

to the complaint, Cedar Grove owed Talismanic $119,542.19 pursuant to a November 1,

2024 promissory note, which contained a warrant of attorney authorizing a confession of

judgment. Talismanic attached a copy of the promissory note to its complaint. The

promissory note stated that Cedar Grove promised to pay Talismanic the principal sum of

$119,542.19, with interest at the rate of 4.0% per annum from November 1, 2024, in

quarterly installments of $10,000 each, commencing on March 1, 2025. Talismanic alleged

that Cedar Grove failed to remit the payment required by the promissory note. On the same

day Talismanic filed its complaint, the trial court granted judgment to Talismanic in the

amount of $119,542.10 plus interest and late charges.

2 {¶ 3} On June 27, 2025, Talismanic filed a motion and affidavit for examination of the

judgment debtor. The trial court granted the motion and ordered that a judgment debtor

exam be conducted on July 30, 2025.

{¶ 4} A day before the judgment debtor exam was scheduled to begin, Cedar Grove

filed a Civ.R. 60(B) motion for relief from the trial court’s May 8, 2025 judgment. According

to its motion, Cedar Grove had several meritorious defenses, including the invalidity of the

promissory note, apparent self-dealing that resulted in the signing of the promissory note,

and violations of Cedar Grove’s bylaws. Cedar Grove also stated that Talismanic had

violated R.C. 5312.09 and 5312.13. Cedar Grove claimed that it brought its Civ.R. 60(B)

motion within a reasonable time because it filed its motion less than 90 days from when the

judgment was entered and because it had worked diligently to gather documents and

information to present its meritorious defenses to the trial court. Cedar Grove attached the

affidavit of Mike McDermott to its Civ.R. 60(B) motion.

{¶ 5} According to McDermott’s affidavit, he was the President of the current Board

of Directors of Cedar Grove and was one of the custodians for and assisted with maintaining

the books and records of Cedar Grove. McDermott Affidavit, ¶ 2, 4. Talismanic was the

developer and declarant of Cedar Grove and had full and complete control of Cedar Grove

until November 2024. Id. at ¶ 5. Before November 2024, Cedar Grove’s Board of

Directors consisted of the following principals or agents of Talismanic: Judith Tomb, her

son, and her sister, Janice Norris. Id. at ¶ 6-7. Shortly before Talismanic turned over

control of Cedar Grove to the members of Cedar Grove, the Board of Directors “unilaterally

authorized” Norris to sign the promissory note at issue in this appeal. Id. at ¶ 8.

McDermott averred that Cedar Grove’s current Board of Directors discovered that the

promissory note violated Cedar Grove’s declaration and bylaws and “included improper

3 expenses used to subsidize and offset [Talismanic’s] costs related to the development of”

Cedar Grove. Id. at ¶ 9-11.

{¶ 6} In addition to McDermott’s affidavit, Cedar Grove attached the following to its

Civ.R. 60(B) motion: (1) copies of the declaration and bylaws of Cedar Grove and

amendments thereto; (2) a copy of a March 5, 2025 letter authored by counsel for Cedar

Grove and sent to Talismanic; (3) a copy of a March 26, 2025 response letter from

Talismanic’s counsel to Cedar Grove’s counsel; and (4) copies of minutes from the meetings

of Cedar Grove’s Board of Directors.

{¶ 7} Talismanic filed a memorandum in opposition to the Civ.R. 60(B) motion.

Talismanic attached to its memorandum an affidavit of Judith Tomb and a copy of the

March 26, 2025 response letter from Talismanic’s counsel to Cedar Grove’s counsel.

Tomb averred that the cognovit note was executed by her sister and that it reflected

expenses incurred by Talismanic for the benefit of Cedar Grove. Talismanic argued that

Cedar Grove’s motion was not filed within a reasonable time and that Cedar Grove had no

meritorious defenses.

{¶ 8} Cedar Grove filed a reply in support of its Civ.R. 60(B) motion to which it

attached a second affidavit of McDermott. In his second affidavit, McDermott stated that

Cedar Grove’s current Board of Directors had learned that Talismanic had failed to maintain

a reserve fund and that all the capital contribution checks had gone to Talismanic, not Cedar

Grove.

{¶ 9} The trial court scheduled an October 17, 2025 hearing on Cedar Grove’s

Civ.R. 60(B) motion. At the hearing, the trial court asked counsel for the parties whether

they would present any testimony or just argue the merits of Cedar Grove’s motion.

Counsel for Cedar Grove stated that her client would rely on its motion and not present any

4 testimony. Talismanic’s attorney stated that Talismanic would argue the briefs and provide

the testimony of Tomb.

{¶ 10} During her testimony, Tomb explained that she had been developing land for

51 years and that she had advanced $395,000 over the course of the development of the

homes at Cedar Grove. Tomb stated that she had only been reimbursed for approximately

$180,000 of the $395,000 she had advanced. According to Tomb, during the construction

of the properties of a homeowner’s association, a developer must maintain the properties

and typically advances money to the homeowner’s association because the association

starts out with no money. Once lots are sold to homeowners, the homeowner’s association

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Talismanic Properties, L.L.C. v. Cedar Grove of Tipp City Homeowner's Assn., Inc., Counsel Stack Legal Research, https://law.counselstack.com/opinion/talismanic-properties-llc-v-cedar-grove-of-tipp-city-homeowners-ohioctapp-2026.