Sheelar Park Homeowners Association

Key facts from Sheelar Park Homeowners Association's documents

Reflects the 2003 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Class II planned community as defined under ORS 94.550(4) (Declaration of Protective Restrictions, )

Legal name

Sheelar Park Homeowners Association

Developer / declarant

Sumco LTD. (Declaration of Protective Restrictions, )

Governing law

ORS 94.550(4) (Declaration of Protective Restrictions, )

Assessments & dues

Initial maximum $120 per year per Lot; amended to $240 per year (Article V, Section 3 originally and as a)

Special assessments

For unexpected repairs to street improvements on Tract D; requires assent of 51% of each class of Proprietary Members in a quorate meeting with 30-60 days notice; also for damage caused by Owner per Article XI Section 1 (Article V, Section 5 and Article XI Sect)

Reserves & fees

To be established for repair and replacement of private street improvements and operation of street lighting on Tract D; funded by separate reserve assessments approved as part of annual budget (Article V, Section 4)

Pets

Dogs, cats, or other household pets may be kept, but not for commercial purposes (Article VII, Section 10)

Home business

Permitted only: one-room offices not designated by exterior signs and not creating additional vehicle traffic; also home builder or declarant activities (Article VII, Section 8)

Signs & flags

One professionally made sign not more than 4 sq ft advertising Lot for sale; temporary political signs allowed; builder/declarant signs allowed during construction (Article VII, Section 9)

Voting & meetings

Class A (all Owners except Declarant): 1 vote per Lot; Class B (Declarant): 3 votes per Lot owned, converting to Class A upon turnover or 90 days after 20 Lots conveyed (Article III, Section 2 as amended by sec)

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