Topping Corner

Key facts from Topping Corner's documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Class I planned community within the meaning of the Oregon Planned Community Act (Recitals)

Legal name

Topping Corner Homeowners Association (Section 1.4)

Developer / declarant

Stafford Development Company, LLC

Governing law

Oregon Planned Community Act (ORS 94.550 to 94.783) (Recitals)

Assessments & dues

Association budget sets Periodic Assessments, allocated as General Assessment (equally per Lot) and Townhome Assessments (if applicable). Declarant may contribute optionally. (Section 10.4.1, 10.4.2.1, 10.4.2.2, 10.4)

Special assessments

Board may levy special assessment for: correcting deficit, special obligations of an Owner, repairs not covered by reserve, capital improvements. (Section 10.5)

Collections & liens

Association has a lien on a Lot for unpaid assessments. Personal obligation of Owner. Association may accelerate, collect rents, and appoint receiver. (Section 10.9)

Reserves & fees

Reserve Account(s) established by Board for construction, improvements, or maintenance of Common Area and Commonly Maintained Property. Must be funded by assessments and a reserve study may be conducted. Loans from reserve allowed under cer (Section 1.22, 10.8.2)

Pets

Yes, subject to restrictions. (Section 4.9)

Home business

Allowed subject to conditions: goods/equipment not visible or in enclosed garage/shop; personal business activity (library, records, phone calls) permitted. Board may approve commercial activities if only normal residential activities obser (Section 4.1)

Signs & flags

No signs except one 'For Sale' or 'For Rent' sign max 24"x36". Political signs allowed but must be removed within 3 days after election day. Real estate signs removed within 3 days after sale closing. (Section 4.14)

Use restrictions

Lots used only in conformance with residential zoning of Tigard. Home-based business allowed if conforming to city codes and goods/equipment screened. (Section 4.1)

Voting & meetings

Two classes: Class A (each Owner other than Declarant has 1 vote per Lot) and Class B (Declarant has 3 votes per Lot until Termination Date). Termination Date is 20 years after recording or earlier written election by Declarant. After termi (Section 7.3, 7.3.1, 7.3.2)

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