London Estates Homeowners Association Inc

Key facts from London Estates Homeowners Association Inc's documents

Reflects the 2021 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

homeowners_association (DOC 158842 title, DOC 159037 Article 1.1)

Legal name

London Estates Homeowners Association Inc.

Developer / declarant

London Estates LLC

Governing law

Oregon Planned Community Act, ORS 94.550 to 94.780 (DOC 159037 Section 7.3, Section 4.7, Sec)

Assessments & dues

Board prepares annual budget, estimates common expenses, determines if annual assessment should be increased or decreased (DOC 159037 Section 6.1(c))

Special assessments

Not explicitly mentioned; but Board has power to determine amounts required for operation, maintenance, and make expenditures (DOC 159037 Section 4.7(b))

Reserves & fees

Required; funds kept in Reserve Fund and used only for purposes described in Declaration (DOC 159037 Section 6.1(b))

Insurance

Reasonable deductible (DOC 159037 Section 7.1(a)(II))

Voting & meetings

Each Lot = 1 vote; Class B (Declarant) = 3 votes per Lot owned (DOC 159037 Section 3.7)

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