Murray Grove Townhomes

Key facts from Murray Grove Townhomes's documents

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

Community type

townhomes (planned community) (Title: 'MURRAY GROVE TOWNHOMES')

Legal name

Murray Grove Townhomes Owners' Association, Inc. (3.1 'organize the Association as a nonpr)

Units / lots

111 (94 Type 1 + 17 Type 2) (1.28 (Type 1 Building Lots 1-111 exclusi)

Developer / declarant

Eagle Ridge Condominiums, LLC, an Oregon limited liability company (p.1 (Declarant definition 1.10 also stat)

Governing law

Oregon Nonprofit Corporation Act and Oregon Planned Community Act (ORS 94.616 referenced) (3.4.2, 3.6 (ORS 94.616(3), (4)))

Special assessments

Allowed to cover deficiencies; before turnover meeting requires 50% vote of all votes (excluding Declarant's special rights), or 50% of Type 2 lots if related to Limited Common Areas (4.4)

Reserves & fees

Declarant establishes reserve fund for replacement of major components (roofs, paint, etc.) lasting 3-30 years. Assessments begin when first lot sold to third party; allocated equally among dwelling units until build-out, then equally among (4.6.1, 4.6.2)

Pets

Yes, up to two dogs, cats or other household pets (7.18)

Leasing & rentals

Yes, with restrictions: written rental agreement, minimum lease term 30 days, tenant must receive copies of governing documents, owner liable for tenant compliance (7.13)

Architectural approval

All Improvements must have prior written approval of Architectural Review Committee (ARC) (5.1)

Insurance

Liability ≥$500,000 per occurrence; fire and extended coverage on insurable Improvements (other than Building Structure) at replacement cost; Owner responsible for personal property insurance (3.9.2(b))

Use restrictions

Building Lots shall only be used for residential purposes (7.2)

Voting & meetings

One vote per Building Lot for Class A; Class B (Declarant) gets 5 votes per lot until conversion (3.3.1, 3.3.2)

Amendments

Declaration may be amended per its provisions (not detailed in excerpt); Bylaws may be amended per Oregon Nonprofit Corporation Act; Reserve Fund assessments may be changed by 75% vote after second year post-turnover (3.4.3, 4.6.1)

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