Anderson Meadows

Key facts from Anderson Meadows's documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Developer / declarant

Jentay Development LLC, an Oregon limited liability company; Hartwell Homes LLC, an Oregon limited liability company; Manor Construction Inc., an Oregon corporation (Cover page, Declarants)

Governing law

Oregon Planned Community Act (ORS 94.550 to 94.783) (Recitals, Page 5-6)

Assessments & dues

Annual assessments set by Board upon approval of budget; initial assessment determined by Declarant. Base budget allocated equally per lot. (Article 10.4, 10.4.1, 10.4.2)

Special assessments

May be levied by Board for deficit (majority vote), repairs (majority vote), capital improvements over $2,000 (75% vote of all lots), or for special obligations of an Owner (majority vote) (Article 10.5)

Collections & liens

Association has a lien on each Lot for delinquent assessments; may be foreclosed pursuant to Planned Community Act; lien is superior to all except property taxes, first mortgages, and certain institutional lender mortgages recorded before A (Article 10.7.2)

Reserves & fees

Reserve Account required; kept separate from operating account; used for maintenance, repair, replacement of Commonly Maintained Property with 3-30 year lifespan (Article 10.6.2)

Pets

Household pets are permitted in reasonable numbers, not for commercial purposes (Article 4.5)

Leasing & rentals

Owner may rent or lease Home or portion thereof subject to conditions (Article 4.3)

Parking & vehicles

Prohibited from parking on Lots or adjacent streets at any time (Article 4.7)

Architectural approval

ARC renders written decision within 15 working days after receipt of all materials; if no decision in 30 days, deemed approved; ARC may request extensions up to 45 days (Article 6.5)

Signs & flags

One 'For Sale' or 'For Rent' sign permitted, max 24x36 inches; political signs allowed but must be removed 3 days after election; real estate signs removed 3 days after closing. Declarant exempt from these restrictions. (Article 4.9, 4.24)

Maintenance

Owners responsible for maintenance of Lots and Homes; Association responsible for maintenance of Commonly Maintained Property (including Private Driveways and Private Street per Section 3.3.5) (Articles 4.4, 5.2, 3.3.5)

Use restrictions

Lots shall only be used for residential purposes (Article 4.1)

Voting & meetings

Two classes: Class A (non-Declarant owners) 1 vote per lot; Class B (Declarant) 3 votes per lot until termination upon 75% lot sales or Declarant's written election (Article 7.3)

Amendments

Amendment requires approval by not less than 75% of total votes of each class eligible to vote; so long as Declarant owns any Lot, Declarant's written consent required (Article 11.6)

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