Woodbury Lane Homeowners Association, Inc.

Key facts from Woodbury Lane Homeowners Association, Inc.'s documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Woodbury Lane Homeowners Association, Inc.

Developer / declarant

Riverside Homes, Inc., an Oregon corporation (Article 1, Section 1.1.7; Page 3-4)

Management

Geonerco Management, Inc.

Governing law

Oregon Planned Community Act (ORS 94.550 to 94.783) (Recitals; Page 2)

Assessments & dues

Board adopts annual budget and sets assessments; Owners may reject by 75% vote; if rejected, prior budget continues (Article 4, Section 4.3; Page 9)

Special assessments

Approved by 2/3 of Total Association Vote; may be paid in installments (Article 4, Section 4.5; Page 9)

Collections & liens

Assessment lien superior except ad valorem taxes and first Mortgage; foreclosure suit after 60 days delinquency; Association may bid at sale (Article 4, Sections 4.6, 4.7.1, 4.7.2; P)

Reserves & fees

Amount determined by Board; delinquent after 10 days; notice given after 10 days; lien attaches after 30 days (Article 4, Section 4.7; Page 9-10)

Pets

Conventional household pets allowed; no commercial breeding; owners must clean up fecal matter; pets on leash and attended; registered, licensed, inoculated as required; no nuisance pets; Board determines nuisance (Article 6, Section 6.10; Page 16)

Leasing & rentals

Lots may be leased for residential purposes (Article 6, Section 6.8; Page 16)

Parking & vehicles

Allowed only on designated side of public streets; no parking on the other side (No Parking signs installed by Declarant); vehicles parked longer than 24 consecutive hours on public streets considered nuisance and may be removed (Article 6, Sections 6.6.2, 6.6.5; Page 1)

Home business

Permitted home occupations subject to Board guidelines; limited to business uses; no disturbance, noise, unsightliness, increased traffic or parking; comply with governing documents (Article 6, Section 6.2; Page 13)

Setbacks / home size

Two-story/split-level: at least 1,300 sq ft gross living space (excl. open porches and garages); one-story: at least 1,000 sq ft gross (excl. open porches and garages) (Article 6, Section 6.3.1; Page 14)

Maintenance

Association maintains Common Areas and other facilities not dedicated to public entity; Owner maintains Lot and improvements; Association may maintain other property benefitting all Owners; if Owner fails, Association may do work at Owner's (Article 5, Sections 5.1, 5.2, 5.4; Page )

Insurance

Policies may contain reasonable deductible; deductible in event of damage allocated among responsible persons or common expense (Article 7, Sections 7.1.4, 7.7; Page 19,)

Use restrictions

All lots used for single-family residential purposes exclusively (Article 6, Section 6.2; Page 13)

Voting & meetings

One vote per Lot; if multiple owners, they determine who votes, else suspended; membership per Lot (Article 3, Sections 3.3 and 3.4; Page 6)

Amendments

Declarant may amend to comply with governmental requirements; otherwise, amendment requires 75% of Total Association Vote and Declarant consent while Declarant owns property for development/sale; may not limit certain Declarant rights or ch (Article 11, Sections 11.3.1, 11.3.2; Pag)

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