Sap Hangars Condominium Owners Association

Key facts from Sap Hangars Condominium Owners Association's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article 2, Submission of Property to Con)

Legal name

Sap Hangars Condominium Owners Association

Units / lots

10 (Stage 1 T-Hangar Units) (Section 4.2: "Stage 1 contains 10 T-Hang)

Developer / declarant

SAP Hangar Condominium LLC, an Oregon limited liability company (Preamble and Section 1.12)

Governing law

Oregon Condominium Act (ORS Chapter 100) (Preamble: "pursuant to the provisions of)

Reserves & fees

Association must maintain reserves for general common elements and limited common elements, as part of General Expenses and Specially Allocated Expenses (Section 8.1(a)(i): "reserves for the sam)

Voting & meetings

Each owner votes based on unit's undivided interest in common elements (square footage ratio). Declarant has three times the voting rights for each unit owned. (Section 8.2: "Each owner... is entitled )

Amendments

Amendments may be proposed by Board or unit owners; approval required as per Article 18; regulatory amendments allowed for compliance with laws (Article 18: Sections 18.1, 18.2, 18.3)

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