Taylors Meadows

Key facts from Taylors Meadows's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

Taylors Meadows Homeowners Association (Article 1.3: 'Association' shall mean th)

Units / lots

approximately 6 (Article 2.2: Declarant currently anticip)

Developer / declarant

Westwood Homes, LLC, an Oregon limited liability company (THIS DECLARATION ... is made ... by West)

Governing law

Oregon Planned Community Act, ORS 94.550 to 94.783 (WHEREAS, ... to establish such property )

Collections & liens

Delinquent assessments give Association a lien on the Lot, superior to all other liens except property taxes and first mortgage/trust deed. Lien may be foreclosed under ORS Chapter 87 for up to 6 years from due date. (Article 10.16)

Reserves & fees

Declarant shall establish a Reserve Fund for replacement of Common Area improvements that will normally require replacement within 30 years. Reserve Fund Assessment may be imposed. After turnover, Board may adjust. Declarant exempt from Res (Article 10.12)

Pets

Yes, a reasonable number of domestic household pets not kept for commercial purposes. (Article 4.7)

Leasing & rentals

Yes, with written rental agreement of not less than 30 days, requiring tenant to adhere to governing documents, and owner must provide copies of Declaration, Bylaws, and Rules and Regulations. Owner responsible for tenant violations. (Article 4.6 (a)-(d))

Home business

Permitted if not observable outside the residence, does not significantly increase parking or vehicular traffic, and is in violation of applicable local government ordinances. Professional or personal library, records, telephone calls, conf (Article 4.1(c))

Signs & flags

One 'For Sale' sign not exceeding 24 inches by 36 inches. Political signs allowed. No other signs on Common Areas. US flag allowed per federal law. Declarant may have marketing signs. (Article 4.11)

Use restrictions

Lots shall be used for residential purposes only. No trade, craft, business, profession, commercial, or similar activity of any kind shall be conducted on any Lot except as expressly provided. (Article 4.1)

Voting & meetings

Two classes: Class A (owners of lots other than Declarant) – one vote per lot. Class B (Declarant) – ten votes per lot until earlier of 100% lots conveyed or Declarant election. Thereafter each owner one vote per lot. (Article 7.3)

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