Village Wiestoria Homeowners Association

Key facts from Village Wiestoria Homeowners Association's documents

Community type

Planned development (Page 3: 'This development is a planned d)

Legal name

Village Wiestoria Homeowners Association (Oregon non-profit mutual benefit corporation) (Page 1: 'VILLAGE WIESTORIA HOMEOWNERS AS)

Governing law

O.R.S. 94.550 et seq. (Oregon Planned Community Act) (Page 3: 'This development is a planned d)

Assessments & dues

Not fixed; set annually by Board based on budget. Equally divided among all Lots (excluding Association-owned lots). Due in monthly installments unless otherwise specified by Board. (Sections 8.4, 8.4.3; pages 27, 28)

Special assessments

Board may levy special assessments: (1) to correct operating budget deficit (majority Board vote); (2) to collect amounts due from Owner for breach (majority Board vote); (3) for Common Area repairs if insufficient funds (majority Board vot (Section 8.5.1, 8.5.2, 8.5.3, 8.5.4; page)

Collections & liens

Association has lien for delinquent assessments, interest, late fees, fines, attorneys’ fees. Lien superior to all liens except property taxes, first mortgages/deeds of trust recorded prior to lien notice, and institutional lender mortgages (Section 8.7.2; page 30)

Reserves & fees

Required separate Reserve Account for replacement of common property (items with life 3-30 years). Funded by annual assessment. Board must annually inventory common property and estimate remaining life and replacement cost. Reserve Account (Section 8.6.2; pages 29-30)

Pets

Yes: dogs, cats, birds, fish and other household pets kept largely indoors. No animals, livestock or poultry of any kind except these. Pets must be housed inside home or in fenced rear/side yard. (Section 4.7; page 18)

Leasing & rentals

Yes, with conditions. Owner must be in good financial standing (assessments current, no outstanding fines, no current violations). Prior Board approval required. Written rental agreement required. (Section 4.6; page 15-17)

Parking & vehicles

No disabled or inoperable vehicles (including those not currently registered) may be stored in driveway or on any street. No vehicle in disrepair may remain parked for more than 48 hours. Association may remove after notice and charge owner (Section 4.9.2, 4.9.3; page 19)

Fences

No fences or boundary hedges without prior written ARC approval. (Section 4.12; page 19)

Architectural approval

No improvement (including landscaping) shall be commenced, erected, placed or altered on any Lot without prior written ARC approval. Plans must show nature, shape, height, materials, colors, location. (Section 6.1; page 23)

Home business

Prohibited without Board consent. Board shall not approve unless only normal residential activities observable outside and not violative of local ordinances. (Section 4.1; page 12)

Signs & flags

No signs except one 'For Sale' or one 'For Rent' sign, must comply with Board standards on shape, size, color, design. (Section 4.10; page 19)

Use restrictions

Lots shall be used for residential purposes only. No trade, craft, business, profession, commercial or similar activity without Board consent. Exceptions: activities related to sale of residences, contractor construction, and personal busin (Section 4.1; page 12)

Voting & meetings

One vote per Lot owned (as set forth in Bylaws) (Section 7.3: 'with one (1) vote for each)

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