Grand Peaks at Sisters

Key facts from Grand Peaks at Sisters's documents

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

Community type

mixed-use business park (Sun Ranch Business Park, workplace and business oriented component of a mixed-use community) (Recital C: 'Sun Ranch is intended to pro)

Legal name

Sun Ranch Business Park Association (Section 1.1(b))

Units / lots

20 Lots, plus Tracts A, B, C (Tracts A and B initially excluded; Tract C included as a Lot) (Recital B: 'subdivide the Property into )

Developer / declarant

DUTCH PACIFIC PROPERTIES LIMITED PARTNERSHIP, an Oregon limited partnership (Opening paragraph and signature block)

Governing law

Oregon Non-Profit Corporation Act (for Association); Oregon Revised Statutes (for non-judicial foreclosure) (Section 18.2 and Section 10.1(e))

Age restriction

Not present (Not mentioned)

Assessments & dues

Board of Directors determines amount; may be monthly, quarterly, or annual (Section 6: 'The Board of Directors of th)

Special assessments

Allowed for common area casualty damage repair (Section 15.3); no other specific special assessment provisions (Section 15.3: 'The Association may asses)

Collections & liens

Lien created by recording Claim of Lien; may be foreclosed judicially or non-judicially (power of sale); lien subordinate to prior mortgages; owner cure rights (Section 10.1 (full details))

Reserves & fees

Late charge as determined by the Board; interest on unpaid sums at 18% per annum (Section 6: 'may assess a late charge as )

Leasing & rentals

Leasing is allowed (implied by commercial use and references to tenants); no explicit prohibition (Section 1.3(e) (refers to tenants); Sect)

Parking & vehicles

Prohibited for more than 24 hours at a time (Section 8: 'No vehicles shall be parked )

Fences

Must comply with ARC Guidelines and City Standards (Findings and Decision of Sisters Planning Commission, file SUB05-03) (Section 5.2)

Architectural approval

Yes, for all improvements (buildings, fences, landscaping, lighting, etc.) (Section 2.1, 2.3)

Signs & flags

Subject to ARC approval; not specified in detail (Section 2.3 (signs are part of improveme)

Maintenance

Owner responsibility (part of improvements) (Section 10 (general obligation))

Insurance

Not explicitly required; but indemnification obligations imply owners should have liability insurance (Section 15.1 (indemnification), but no s)

Voting & meetings

Each Lot Owner is a Member; voting details in Bylaws (Section 18.1; references Bylaws)

Amendments

During first 25 years or any extension, by vote or proxy or written consent of at least 75% of Owners; Declarant may amend without other consent while owning a Lot; amendments must be recorded (Section 20)

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