Farmington Estates

Key facts from Farmington Estates's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Farmington Estates

Developer / declarant

Novato Properties, LLC (CC&R) and Robert L. Skegrud (Articles of Incorporation) (CC&R Recitals A; Articles of Incorporati)

Governing law

Oregon Nonprofit Corporation Act, ORS Chapter 65 (Articles of Incorporation, Preamble)

Assessments & dues

Initial maximum $50.00 per month per Residential Unit until January 1 of year after first conveyance to an Owner other than Declarant. Thereafter Board may increase up to 10% per year without 75% Owner vote. (CC&R Article V, Section 4)

Special assessments

May be levied for capital improvements with consent of 75% of Owners at a meeting. (CC&R Article V, Section 5)

Voting & meetings

One vote per Lot; each Owner of a Lot has one vote. If multiple owners of a Lot, they are considered a single Owner for voting. (CC&R Article IV; Bylaws Art. V, Sec. 4)

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