River Village Condominium Unit Owners Association, Inc.

Key facts from River Village Condominium Unit Owners Association, Inc.'s documents

Reflects the 1985 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

River Village Condominiums Association of Unit Owners (Declaration Section 10.2)

Units / lots

Maximum 37 units; Stage I has 8 units (Section 3.3 and 3.4(a))

Governing law

Oregon Condominium Act (ORS 94.004 et seq.) (Section 1)

Assessments & dues

General common expenses apportioned equally among units; fire and casualty insurance proportional to coverage; replacement reserves based on approximate square footage (Declaration Section 4.2; Bylaws Article )

Special assessments

Not explicitly addressed in provided text; but Declarant required consent for capital assessments while owning >2 units or 5% of units (Section 16.3) (Declaration Section 16.3)

Collections & liens

Association lien subordinate to first mortgage; subject to ORS 94.195 (Declaration Section 12.3)

Reserves & fees

Required; funded by monthly assessments; for replacement of common elements requiring replacement in more than 3 and less than 30 years (Bylaws Article VI Section 1 (Reserve Ite)

Pets

Section 4 of Article VII in Bylaws addresses pets, but text not provided; therefore no specific rules extractable (Bylaws Table of Contents)

Parking & vehicles

Each unit has a single-car garage (290 sq ft) and a limited common element driveway for parking; general common element parking available for owners and guests subject to rules (Declaration Sections 5.1, 5.2, 5.3)

Maintenance

Association responsible for all common elements (general and limited) maintenance, repair, replacement; owner responsible for damages caused by negligence or intentional act (Declaration Sections 4.2 and 7.2)

Voting & meetings

One vote per unit (Section 6)

Amendments

Requires 75% of voting rights; Declarant consent required as long as Declarant owns any unit (until 75% of units in last stage conveyed or 5 years from first conveyance); certain amendments require consent of eligible mortgagees (Declaration Sections 13 and 13.1)

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