Townhomes on Main Owners Association

Key facts from Townhomes on Main Owners Association's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Class I planned community under ORS 94.550 (Recitals, paragraph 2)

Units / lots

9 (Lots, each intended for a Home) (Article 2.2 (anticipates 9 Lots) and Art)

Governing law

ORS 94.550 (Recitals, paragraph 2)

Assessments & dues

Set annually by Board after budget approval; amount not fixed in declaration. (Article 10.4)

Special assessments

Board may levy special assessment to fund construction, alteration, repair or maintenance for which no reserve exists or reserve is insufficient (Section 10.6). Also special assessment for damage caused by Owner (Section 5.7). (Article 5.4, Article 5.7, Article 10.6)

Collections & liens

Lien may be placed on Lot for failure to pay for common foundation repairs (Section 4.20). General assessment lien not explicitly described; enforcement includes filing claim of lien in county records. (Article 4.20)

Reserves & fees

Reserve fund assessments begin accruing on each platted Lot from date first Lot becomes subject to assessment; Declarant may defer payment until conveyance. (Section 10.5 – not fully excerpted, but referenced in 10.3(b)). (Article 10.3(b), Article 10.5)

Pets

Yes, reasonable number of household pets not bred for commercial purposes. (Article 4.7)

Leasing & rentals

Yes, with conditions. (Article 4.6)

Parking & vehicles

Prohibited, except to extent permitted by government authorities and Board. (Article 4.9)

Architectural approval

Yes, for all improvements, including construction, reconstruction, exterior alterations, landscaping, fences, hedges, outbuildings, antennas, etc. (Article 6.1, Article 4.2, Article 4.13, )

Home business

Permitted if not observable outside residence, does not significantly increase parking or traffic, and complies with local ordinances. Board may approve other commercial activities if only normal residential activities observable. (Article 4.1)

Signs & flags

One 'For Sale' sign per Lot, max 24x36 inches, removed within 3 days after sale closing. 'For Rent'/'For Lease' signs prohibited. Political signs allowed but removed within 3 days after election. No signs on Common Areas except Declarant's (Article 4.11, Article 9.3)

Maintenance

Not explicitly stated; likely Owner responsibility unless part of Building Structure common? Declaration does not specify roof maintenance. (Article 4.20 (Owner responsible for ever)

Insurance

Owner responsible to pay deductible for loss due to Owner's negligence. (Article 10.1(b))

Use restrictions

Yes, Lots shall be used for residential purposes only. (Article 4.1)

Voting & meetings

Two classes: Class A (each non-declarant Owner, 1 vote per Lot); Class B (Declarant, 3 votes per Lot owned). After Termination Date, all Owners have 1 vote per Lot. (Article 9.2)

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