River's Edge Village Ph VIII

Key facts from River's Edge Village Ph VIII's documents

Community type

Planned community subject to Oregon Planned Community Act (Article III Section 3(b))

Legal name

RIVER’S EDGE HOMEOWNERS ASSOCIATION, INC. (Article I Section 3)

Developer / declarant

THE RIVERHOUSE PARTNERSHIP, an Oregon partnership (WHEREAS paragraph)

Assessments & dues

Not fixed; Board prepares annual budget and assessment. Becomes effective unless disapproved by majority of Owners. (Article X Sections 2-3)

Special assessments

Board may levy up to $500 per lot per year without owner vote; above $500 requires majority of Class A members. (Article X Section 4)

Collections & liens

Unpaid assessments become a continuing lien on the lot, superior to all liens except taxes and first mortgage. Association may foreclose. (Article X Sections 2,5,6,8)

Reserves & fees

Board shall annually prepare a capital budget and set required capital contribution; included in annual assessment. (Article X Section 7)

Pets

Yes, but no more than a total of 4 dogs, cats, or other normal household pets. More than 4 birds allowed if kept exclusively indoors and not for commercial purposes. (Article II Section 12)

Leasing & rentals

Yes, for residential purposes, in compliance with rules and regulations. (Article II Section 6)

Parking & vehicles

Prohibited from outside storage or parking on any lot or common area. (Article II Section 11)

Architectural approval

Yes, for original construction (New Construction Committee - NCC) and for modifications/additions/alterations (Modifications Committee - MC). No aerials, antennas, dishes without NCC approval. No exterior lighting without MC approval. All l (Article II Sections 2,3,7; Article XI Se)

Home business

Board may approve commercial activities if only normal residential activities observable outside and not in violation of county ordinance. Exceptions for personal business records/phone calls. (Article II Section 13)

Setbacks / home size

Each Lot subject to setback requirements shown on recorded plat, or established by City of Bend, or more restrictive ones set by NCC. (Article II Section 21)

Insurance

Board shall obtain insurance for insurable improvements on Common Area (full replacement cost) and public liability policy ($500k single person, $1M per occurrence, $250k property damage). Also workers' compensation and fidelity bond. (Article V Section 1)

Use restrictions

Each lot shall be used for residential purposes only, as a single-family residence; no trade or business without Board approval. (Article II Sections 6,13)

Voting & meetings

Two classes: Class A (owners, one vote per lot except multi-family gets one per ten units or condos one per unit); Class B (Declarant, three times votes per lot owned). Class B terminates when 75% of lots in final phase sold or Declarant el (Article III Sections 1-2)

Amendments

Declarant may unilaterally amend for compliance with law, title insurance, lender requirements, or while Class B membership exists for any purpose not materially adversely affecting owners. After Class B ends, amendment likely by majority o (Article XIV Section 2; Article II Sectio)

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