Odin Falls Ranch

Key facts from Odin Falls Ranch's documents

Community type

planned unit development (P.U.D.) (Page 1)

Developer / declarant

William R. Mayfield, Robert H. Mayfield, William A. Anderson, Cheryl L. Anderson, Anderson Land and Cattle Company (Page 1)

Governing law

Oregon non-profit corporation law (Art. VII)

Assessments & dues

First annual assessment $5.00 per lot in 1980 (Art. VIII Section 8.2(c))

Special assessments

Allowed for capital improvements over $5,000 requires majority vote and 60% quorum (Art. VIII Section 8.3)

Collections & liens

Association may file lien after 10-day demand following 90-day default; lien subordinate to mortgages (Art. VIII Section 8.5)

Pets

Allowed, but only reasonable number of household pets, not for commercial purposes, not a nuisance (Art. V Section 5.12(e))

Parking & vehicles

No permanent parking of commercial trucks, trailers, boats, etc.; temporary parking of recreational vehicles allowed up to 5 consecutive days or 30 days per year (Art. V Section 5.12(a))

Architectural approval

Required for construction, alterations, landscaping, tree removal, etc. (Art. V, Art. VI)

Home business

No commercial activities (Art. V Section 5.9)

Signs & flags

Only one sign 10"x24" natural wood with black lettering; sale signs require ARC approval (Art. V Section 5.7)

Use restrictions

Only single family dwellings allowed except with ARC approval (Art. V Section 5.4)

Voting & meetings

Class A: one vote per lot for non-declarant owners; Class B: two votes per lot for Declarant until Jan 1, 2000 (Art. VII Section 7.3)

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