Fallatin Homeowners Association

Key facts from Fallatin Homeowners Association's documents

Reflects the 2008 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Title and throughout (Fallatin Homeowner)

Legal name

Fallatin Homeowners Association

Units / lots

112 (Recital A and definition 1.12 Lot)

Governing law

ORS 94.665 (Article 3.3)

Assessments & dues

$190.00 per Lot per year (as of 2007) (Declaration 6.2)

Special assessments

Levy for capital improvements or unusual expenses; approved by majority of Members voting at meeting; due 60 days after Board notice (Declaration 6.3)

Collections & liens

Assessment lien on each Lot; may be foreclosed; personal obligation of Owner; subordinate to first mortgage; sale extinguishes prior due amounts (Declaration 6.6 and 6.7)

Reserves & fees

Reserve Account(s) defined; set up by Board for construction, improvements, or maintenance of Common Area (Declaration definition 1.18)

Home business

Allowed with Board written approval for arts instruction, child care, or other home businesses; revocable if violates nuisance provisions (Declaration 4.1)

Use restrictions

Lots used only for single-family residential purposes, except as approved for home businesses (Declaration 4.1)

Voting & meetings

One vote per Lot owned by Owner (Declaration Article 2.3)

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