Association of Unit Owners of Vista Ridge Townhomes, a Condominium Community

Key facts from Association of Unit Owners of Vista Ridge Townhomes, a Condominium Community's documents

Reflects the 2000 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned Community (Recitals: "create thereon a planned comm)

Legal name

Vista Ridge Homeowners' Association, Inc.

Units / lots

39 lots (Lots 1 through 39) plus adjoining Common Property (Article 2, page 4: "consists of Lots 1 t)

Developer / declarant

Vista Ridge Investments, LLC (Page 1: "THIS DECLARATION made this __ d)

Governing law

Oregon Planned Community Act, ORS 94.550 et seq. (Recitals, page 2: "subject to the provis)

Special assessments

Board may levy special assessments: (a) to correct operating deficit by majority vote; (b) for breach of obligations by majority; (c) for repairs/renovations to common property or portions of living units Association maintains, by majority; (Declaration Sections 8.6 and 7.5)

Collections & liens

Assessments are a lien on the land, continuing lien; prior to homestead exemption and all other liens except first mortgage of record, real estate taxes, and prior recorded encumbrances. Association may foreclose lien. Sale or transfer of l (Declaration Sections 8.1, 8.7, 8.8)

Reserves & fees

Common Property Reserve Account for replacement of elements of Common Property with useful life between 3 and 30 years. Assessment includes reserve contribution. Replacement reserve for items Association maintains (Declaration 8.2.1). (Declaration Sections 8.5 and 8.2.1)

Pets

Yes, household pets (cats and dogs) allowed. (Declaration Section 4.1.17: "Household p)

Home business

Allowed if permitted by local land use ordinances and does not generate significant traffic. (Declaration Section 4.1.5)

Use restrictions

Yes; Living Unit defined as residence for single family. No commercial use except home occupations permitted by local ordinances with no significant traffic. (Declaration Sections 1.7 and 4.1.5)

Voting & meetings

One vote per Homesite; two classes: Class A (all owners except Declarant) and Class B (Declarant, 20 votes per Homesite). Class B converts to Class A upon sale of all homesites or 5 years from execution of Bylaws, whichever earlier. Voting (Bylaws Section 3.3 and 3.4)

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