Aubrey Meadows

Key facts from Aubrey Meadows's documents

Community type

Covenant / Planned Community

Legal name

Aubrey Meadows Homeowners' Association

Developer / declarant

Harris C. Kimble and Nancy Kimble (Opening recital, page 1)

Governing law

Oregon Planned Community Act, ORS 94.550 et seq. (Article 1, page 2)

Assessments & dues

Not fixed; determined by Board (Article 8.2.3, page 13)

Special assessments

Allowed for deficit (Board majority), breach (Board majority), repairs (Board majority), capital acquisitions (75% of all votes) (Article 8.6, page 14-15)

Collections & liens

Assessments are a lien on the lot, prior to all except first mortgage, tax liens, and prior encumbrances; foreclosure allowed (Article 8.1, 8.8, page 12, 15)

Reserves & fees

Common Property Reserve Account; funded by assessments for replacements with life 3-30 years (Article 8.5, page 14)

Leasing & rentals

True (Article 4.6, page 6)

Fences

Fences cannot be altered without written consent of Declarant and ARB approval (Article 4.3.3, page 6)

Architectural approval

True (Article 4.7.3, page 7)

Home business

Not allowed except rentals (Article 4.2: 'No commercial, retail or i)

Use restrictions

True (Article 4.2, page 5)

Voting & meetings

Two classes: Class A (owners) and Class B (Declarant) (Article 5.3, page 8)

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