Ironwood Gardens Homeowners Association, Inc.

Key facts from Ironwood Gardens Homeowners Association, Inc.'s documents

Reflects the 2018 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Class III community with estimated annual assessments less than $1,000 (Recitals, PAGE 5)

Legal name

Ironwood Gardens Homeowners Association, Inc.

Developer / declarant

Classic American Homes LLC

Governing law

Not subject to Oregon Planned Community Act ORS 94.550 through 94.783 (but references ORS 94.665 and ORS 94.762) (Recitals, PAGE 5; Sections 3.4.2, 6.6)

Assessments & dues

Initial assessment determined by Declarant; subsequent by Board budget; allocated equally among all lots (Sections 10.3, 10.4, 10.4.2, PAGE 17-18)

Special assessments

Allowed: correct deficit (majority Board), special obligations of owner (majority Board), repairs (majority Board), capital improvements (80% vote of all lots), reimbursement assessments (after notice and hearing) (Section 10.5, PAGE 18-19)

Collections & liens

Association has lien on each lot for delinquent assessments; lien superior except property taxes and first mortgages recorded before notice of lien; may foreclose under Oregon Planned Community Act (Section 10.7.2, PAGE 20)

Reserves & fees

Required; reserve study annually; funds for replacement/maintenance of Common Area items with useful life 1-30 years (Sections 10.6.2, 10.6.2.1, PAGE 19)

Leasing & rentals

Yes, with conditions: written rental agreement required, tenant subject to Declaration, Bylaws, Rules; Owner must provide those documents to tenant (Section 4.4, 4.4.1, 4.4.3, PAGE 10)

Architectural approval

Yes for any improvement on a Lot; plans and specifications must be submitted and approved in writing (Section 6.1, PAGE 13)

Home business

Permitted subject to Board approval and condition that only normal residential activities observable outside; exceptions for Declarant and contractors (Section 4.1, PAGE 9-10)

Signs & flags

One "For Sale" or "For Rent" sign allowed, max 24x36 inches; political signs allowed but must remove within 3 days after election; real estate signs removed within 3 days after closing; Declarant exempt (Section 4.9, PAGE 10-11)

Maintenance

Owner: maintain Lot and Home. Association: maintain Common Area (Tracts A and B) including private street, pedestrian/garbage access, street lights (Sections 4.3, 5.2, PAGE 10, 11-12)

Use restrictions

Lots may be used only for residential purposes; no trade, craft, business, commercial activity except as specified (personal business/professional activities allowed if only normal residential activities observable) (Section 4.1, PAGE 9)

Voting & meetings

Class A (non-Declarant owners): 1 vote per lot; Class B (Declarant): 3 votes per lot until termination date (7 lots sold or Declarant elects in writing) (Section 7.3, PAGE 15-16)

Amendments

Requires approval of not less than 75% of total votes allocated to Lots (without Class B enhanced voting); must be executed and recorded; no amendment affecting Declarant's rights without Declarant's written consent (Section 11.6, PAGE 22)

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