Baseline Station Townhomes Condominium Association

Key facts from Baseline Station Townhomes Condominium Association's documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Baseline Station Townhomes Condominium

Management

Community Management, Inc.

Governing law

Oregon Condominium Act, ORS 100.005 et seq. (Declaration, Page 4 Recitals and Section)

Assessments & dues

Board adopts budget; assessments apportioned per unit percentage interest (Bylaws Section 6.5)

Special assessments

Allowed per Bylaws Section 6.3; Declarant consent required for capital assessments while Declarant owns >2 units or 5% (Declaration Section 17.3; Bylaws Section)

Collections & liens

Association has lien for assessments subordinate to first mortgage; can foreclose lien (Declaration Section 12.3; Bylaws Section)

Reserves & fees

Required: Reserve Account, General Operating Reserve, Special Reserves (Bylaws Sections 6.1.2, 6.1.2.1, 6.1.2.2,)

Pets

Yes, with prior written approval of Board of Directors (Bylaws Section 7.4)

Leasing & rentals

Yes, but minimum 30-day lease term (Declaration Section 12.2 (exception for )

Architectural approval

Yes, for material alterations to Unit; approval from Board of Directors (Bylaws Section 7.2)

Signs & flags

Declarant may maintain For Sale and For Rent signs; Mortgagees exempt from sign restrictions (Declaration Sections 17.2, 12.2)

Maintenance

Association (roofs are general common elements) (Declaration Section 4.1.2)

Insurance

Mentioned in Bylaws Section 8.7; owner and tenant insurance also mentioned (Bylaws Section 8.7)

Use restrictions

Each Unit shall be used for residential purposes only (Declaration Section 8.1.1)

Voting & meetings

One vote per unit; majority means more than 50% of votes (Declaration Section 7; Bylaws Section 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.