The Association of the Owners of the Lincolnburg Condominium

Key facts from The Association of the Owners of the Lincolnburg Condominium's documents

Reflects the 2010 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

The Association of the Owners of the Lincolnburg Condominium

Units / lots

2 (Unit 1 and Unit 2) (Article 2.8, Article 5.1)

Developer / declarant

Hille LLC (Article 2.4)

Governing law

Oregon Condominium Act (O.R.S. 100.005 to 100.910 and 100.990) (Article 1, Article 2)

Special assessments

Permitted for capital improvements and other matters as determined by Board and Owners (Declaration Art. 20.1)

Collections & liens

All sums assessed as common expenses become a lien in favor of Association upon compliance with ORS 100.450; lien superior except as provided; foreclosure and collection as provided in statute (Declaration Art. 20.2)

Home business

Permitted home occupation allowed for Unit No. 2 as long as residential use continues and zoning allows (Declaration Art. 10.1)

Signs & flags

Unit owners may attach or display signs on exterior walls/roof or within/on limited common elements with prior written consent of Board, meeting zoning requirements, including 'For Sale' signs; Declarant may post signs to advertise units fo (Declaration Art. 10.2)

Use restrictions

Unit No. 2 restricted to residential rental use only; no unit owner may use Unit No. 2 for full-time residential use; Unit No. 1 restricted to retail, commercial, professional purposes with prohibitions (no porn, arcades, nightclubs) (Declaration Art. 10.1)

Voting & meetings

50% of voting rights present in person, by proxy, or by absentee ballot (for community meetings); for written ballot, submission of 50% of votes before deadline (Bylaws 2.9)

Amendments

Proposed by majority of Board or any unit owner; must be in writing and included in notice of meeting. Requires approval of all unit owners and 51% of mortgagees (exception for technical errors). Amendment changing unit size/location/alloca (Declaration Art. 11)

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