River Bend Master Owners Association, Inc.

Key facts from River Bend Master Owners Association, Inc.'s documents

Reflects the 1997 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Multi-phase mixed-use project containing commercial, industrial, and residential components, as well as common areas (Introduction, p.1)

Legal name

River Bend Master Owners Association, Inc. (Section 1.1 definition of 'Association')

Developer / declarant

River Bend Limited Partnership, an Oregon limited partnership (Introduction, p.1)

Governing law

Oregon Condominium Act (for condominium projects); ORS 65.784 (for indemnification) (Section 1.1 definition of Condominium Do)

Assessments & dues

Base Assessment set at level reasonably expected to produce total income equal to budgeted Common Expenses (including reserves). Allocated among Parcels in proportion to votes (Section 9.3.1). (Sections 11.2.1 and 11.2.2)

Special assessments

Allowed (Section 11.4) (Section 11.1.1 (enumeration of assessmen)

Collections & liens

All assessments, together with interest, late charges, costs, and reasonable attorneys' fees, are a charge and continuing lien upon the Parcel or Condominium Unit until paid. Personal obligation of Owner. First Mortgagee acquiring title by (Sections 11.1.2, 11.8, 11.13)

Reserves & fees

Common Expenses include any reasonable reserves as determined by the Board. (Section 11.2.1)

Leasing & rentals

Use Guidelines and Restrictions may address short-term leasing activities with respect to residential properties. (Section 4.6)

Parking & vehicles

Use Guidelines and Restrictions may address parking (Section 4.6). Board may adopt rules. (Section 4.6)

Architectural approval

Committee shall render decision within 30 days after receiving complete written application. (Section 6.5)

Signs & flags

Use Guidelines and Restrictions may address signage (Section 4.6). Design Review required for signs (Section 6.1). (Sections 4.6 and 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.