Association of Unit Owners of Tualatin Village Condominium

Key facts from Association of Unit Owners of Tualatin Village Condominium's documents

Reflects the 1982 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Tualatin Village Condominium

Governing law

Oregon Condominium Act (ORS Chapter 100) (Declaration preamble; Bylaws Art I Sec 1)

Assessments & dues

Board prepares annual budget; effective upon board approval unless increase exceeds greater of 10% or CPI, then must be submitted to unit owners for majority approval; if not approved, budget committee revises and resubmits until approved; (Bylaws Amendment Sec 5.1 (Doc 156433 pag)

Special assessments

Board may make additions/alterations to common elements costing over $2,500 only with 75% vote of owners present at a quorate meeting (Bylaws Art III Sec 3.7(j))

Reserves & fees

Budget must include reserves for maintenance and repairs/replacement of common elements that must be replaced periodically (Bylaws Amendment Sec 5.1 (Doc 156433 pag)

Leasing & rentals

Leasing is implicitly allowed; defines voting rights for landlords and tenants based on lease term (≤10 years landlord votes; >10 years tenant votes) (Bylaws Art II Sec 2.9)

Maintenance

Roofs are common elements; association responsible (Declaration Art V Sec 5.3)

Use restrictions

Each unit is to be used for residential purposes as described in the Bylaws (Declaration Art X)

Voting & meetings

For general meetings: 25% of voting rights (amended); for budget approval: 50% of voting rights; once present, quorum cannot be broken; if no quorum, members can adjourn (Bylaws Amendment Sec 2.10 (Doc 156433 pa)

Amendments

Amendments proposed by majority of board or 30% of unit owners; approved by owners holding 75% of voting rights; declarant consent required until last phase annexed and owns 25% but not after 7 years from first unit conveyance; no change to (Declaration Art XVI Sec 16.1-16.3)

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