Abbey Ridge Homeowners Association

Key facts from Abbey Ridge Homeowners Association's documents

Reflects the 2017 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Class I planned community (Recitals: 'Declarant intends to develop )

Legal name

Abbey Ridge Homeowners Association

Developer / declarant

D.R. Horton, Inc.-Portland, a Delaware corporation (Opening clause: 'THIS DECLARATION ... is)

Governing law

Oregon Planned Community Act (ORS 94.550 to 94.783) (NOW THEREFORE paragraph: 'subject to the)

Assessments & dues

Initial annual assessment determined by Declarant (Section 10.3: 'The amount of the initial)

Special assessments

Allowed for (1) deficit correction by majority Board vote, (2) special obligations of an Owner by majority Board vote, (3) repairs if insufficient funds by majority Board vote, (4) capital improvements by 80% vote of all Lots, (5) reimburse (Section 10.5.1 through 10.5.5)

Collections & liens

Association has lien on each Lot for delinquent assessments; lien accumulates all future assessments, interest, late fees, penalties, fines, attorneys' fees; recording of Declaration constitutes notice; lien superior to all except property (Section 10.7.2: 'The Association shall h)

Reserves & fees

Reserve Account established; funded by assessments; used for major maintenance, repair, replacement of Common Area and Commonly Maintained Property; reserve study required annually; separate from operating account (Sections 10.6.1, 10.6.2, 10.6.2.3)

Pets

Household domestic pets (dogs and cats) in reasonable numbers; birds, fish, small reptiles, small animals kept in cages or tanks inside Home also permitted (Section 4.5: 'No animals, livestock or p)

Home business

Allowed only with Board consent, and only if normal residential activities observable outside; specific exceptions for personal business records, telephone calls, and conferring with clients as permitted by county ordinances (Section 4.1: 'Except with the Board’s co)

Use restrictions

Lots shall only be used for residential purposes (Section 4.1: 'Lots shall only be used fo)

Voting & meetings

Class A: one vote per Lot; Class B: three votes per Lot owned (Sections 7.3.1 and 7.3.2: 'Class A ... o)

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