Golf Course Estates Home Owners Association

Key facts from Golf Course Estates Home Owners Association's documents

Reflects the 1973 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium under Oregon Unit Ownership Law (Declaration preamble, Vol 193 page 467)

Governing law

Oregon Unit Ownership Law, ORS 91.505 (Section 1.2, Vol 192 page 934)

Collections & liens

Association has lien on unit for unpaid common expenses; may foreclose and/or obtain money judgment; may purchase unit at foreclosure sale (Bylaws Article V, Sections 4, 5)

Reserves & fees

Budget includes reserve for replacements and deferred maintenance as well as general operating reserve (Bylaws Article V, Section 2(d), (e))

Voting & meetings

Each unit owner has vote equal to percentage interest in general common elements; developer votes for unsold units; board votes for acquired units except in director elections (Bylaws Article II, Section 6)

Amendments

Proposed by majority of board or 30% of unit owners; approved by 75% of unit owners; certified and recorded (Bylaws Article VIII)

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