Eagles Lane Condo

Key facts from Eagles Lane Condo's documents

Reflects the 2019 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Document title and Section 1.4: "Condomi)

Units / lots

13 (6 residential, 3 garage, 4 outside parking) (Section 3.3: Building 1 contains 2 resid)

Developer / declarant

GuiddogLLC, an Oregon limited liability company (Recitals, Intent, and Purpose)

Governing law

Oregon Condominium Act, ORS 100.005 et seq. (Section 1 definitions)

Collections & liens

Association has lien on unit for unpaid assessments; lien subordinate to first mortgage (Section 10.7 (lien for costs), Section 1)

Reserves & fees

Declarant shall establish a reserve account for major repairs; board shall conduct annual reserve study (Section 18: "Declarant shall establish a)

Signs & flags

Declarant may maintain 'For Sale'/'For Rent' signs; mortgagee exempt from sign restrictions on sale/rental (Section 17.2: "Declarant may maintain a )

Maintenance

Roof is part of general common elements; association responsible for maintenance/replacement (Section 4.1(d): "The foundations, column)

Use restrictions

Each residential unit is to be used for residential purposes only (Section 8.1: "Each residential unit is t)

Voting & meetings

Each residential unit entitled to one vote (Section 7: "Each residential unit shall )

Amendments

75% of voting rights of unit owners; Declarant’s prior written consent required until conveyance of 75% of units or 3 years; recordation required; mortgagee consent required for certain amendments (Section 14: "... may be amended from tim)

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