Highcroft Homeowners Association, Inc.

Key facts from Highcroft Homeowners Association, Inc.'s documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HIGHCROFT subdivision (Recital A, Page 1)

Legal name

Highcroft Homeowners Association, Inc.

Developer / declarant

Scott G. & Patricia J. Cook (Recitals, Page 1)

Governing law

Oregon Non-profit Corporation Act (ORS 65.001 et seq.) (Bylaws Article 1, Page 24)

Assessments & dues

Set annually by Board based on budget; allocated equally at uniform rate per Lot. Additionally, $6.00 per month per Lot for street lights after transfer from Declarant. (Section 8.3.8 and 8.3.9, Page 15)

Special assessments

May be levied for capital improvements, unexpected repairs; if exceeding $500 per Lot, requires two-thirds majority of votes cast. (Section 8.4, Page 15)

Collections & liens

Assessments create a continuing lien on the Lot; subordinate to first mortgages; foreclosure per Oregon statutes; personal obligation also. (Section 8.1 and 8.7, Pages 14-15; Sectio)

Reserves & fees

Association may establish Reserve Fund for items requiring replacement in 3-30 years; Board may borrow from fund for operating needs with repayment plan. (Section 8.6, Pages 15-16)

Pets

Household pets only; no other animals except Declarant may keep poultry for personal use. (Section 5.4, Page 7)

Leasing & rentals

Yes, with written consent from Board (which may be withdrawn at any time). Owner must ensure renters comply with governing documents. (Section 5.1, Page 7)

Parking & vehicles

Vehicles over 3/4 ton rating (8,000 lb GVW) prohibited unless in garage. (Section 5.10.1, Page 8)

Fences

Fences, hedges, or obstructive landscaping that hinders access to adjacent Lots prohibited. All fences require ARC approval. (Section 5.15, Page 9; Section 4.1, Page )

Architectural approval

Yes, for any external Improvement or modification visible from outside, including painting, fences, walls, hedges, landscaping, tree removal, roofing, etc. (Section 4.1, Page 6)

Signs & flags

Only professionally made sign not larger than 5 sq ft advertising sale/rent; Board may require removal. Additional signs during construction (contractor's sign up to 32 sq ft). (Section 5.3, Page 7)

Maintenance

Owner responsible for painting, staining, repairing, replacing all exterior surfaces including roofs. (Section 5.2.1, Page 7)

Use restrictions

Lots used only for residential purposes; one Residence per Lot. (Section 5.1, Page 7)

Voting & meetings

Two classes: Class A (one vote per Lot for owners except Declarant and McNair Loughland Co.), Class B (Declarant and McNair Loughland Co. get six votes per Lot until conversion). (Section 3.4, Pages 4-5)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.