Plum Ridge Condominium Association, Inc.

Key facts from Plum Ridge Condominium Association, Inc.'s documents

Reflects the 2012 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Title and throughout)

Legal name

Mountain Meadows Plum Ridge Condominium Association (also referred to as Plum Ridge Condominium Association) (Bylaws §1.1; Title page)

Developer / declarant

Mountain Meadows L.L.C., an Oregon limited liability company (Supplemental Declaration, preamble)

Governing law

Oregon Condominium Act (Supplemental Declaration)

Special assessments

Board may levy further assessment if estimated cash requirement inadequate; notice in writing with amount and reasons; effective with first quarterly assessment due more than 10 days after notice (Bylaws §5.4.3)

Collections & liens

Association may foreclose lien on unit for unpaid common expenses; owner required to pay reasonable rental during pendency; Association may purchase unit at foreclosure sale (Bylaws §5.6)

Reserves & fees

Reserve fund for major repairs and replacements of common elements; must be established per ORS 100.175; reserve study required annually; 30-year plan required; assessments into reserve fund not refundable to sellers (Bylaws §5.4.2)

Maintenance

Association responsible for maintenance, repair, replacement of water heaters, heating furnaces, fireplaces, skylights, solatubes, air conditioning equipment, garage doors, windows, and exterior doors serving a unit, even if located inside (Supplemental Declaration §7)

Voting & meetings

Each unit entitled to one vote; total voting power 100%; votes must be cast in a single block (Bylaws §2.8)

Amendments

No amendment may change size, location, allocation of undivided interest in common elements, method for determining liability for common expenses, right to common income, or voting rights of any unit unless approved by owners of affected un (First Amendment, Recital B)

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