Stevens Ranch Residential Master Owners Association

Key facts from Stevens Ranch Residential Master Owners Association's documents

Reflects the 2024 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Class I planned community (Declarant intends to develop as a Class )

Legal name

Stevens Ranch Residential Master Owners Association

Units / lots

144 residential lots initially (Lots 1-12 and 14-145) plus Common Area Lot 13 (Section 2.1: initial development consist)

Developer / declarant

STEVENS RANCH LLC

Governing law

Oregon Planned Community Act (ORS 94.550 to 94.783) (subject to the Oregon Planned Community )

Assessments & dues

Board adopts annual budget and allocates among Lots as General Assessment (Section 10.4.1 and 10.4.2.1)

Special assessments

Allowed for deficit, special obligations, repairs, capital improvements (Section 10.5) (Section 10.5: Special Assessment)

Collections & liens

Association may file a claim of lien; personal obligation; right to rents; receiver (Section 10.7: Default in Payment of Asse)

Reserves & fees

Association may impose interest, fines, late fees, penalties (no specific amounts given) (Section 10.7.3: Interest; Fines; Late Fe)

Voting & meetings

Class A: one vote per Lot owned (non-Declarant); Class B: four votes per Lot owned (Declarant until Turnover Date) (Section 7.4.1 and 7.4.2)

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