Newport Yacht Club

Key facts from Newport Yacht Club's documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

homeowners association and community improvement organization (Introduction)

Legal name

Newport Yacht Club

Governing law

Washington RCW 64.90 (referenced in reserve study and budget sections) (Article III, Section 6 and Article III, )

Assessments & dues

Set by budget ratification process; not fixed (Article III, Section 1)

Collections & liens

Resident HOA dues are a personal obligation and a continuing lien on each lot; subject to foreclosure; exempt from homestead protection under RCW 6.13.080 (Article III, Section 1, Paragraph 1)

Reserves & fees

Board may establish reasonable late charges; interest 12% per annum for accounts over 60 days delinquent (Article III, Section 7, Paragraph 1)

Leasing & rentals

Active Resident Members may lease lots and, with Board approval, allow lessee to use Club facilities (Article I, Section 1, Paragraph 7)

Voting & meetings

One vote per lot; Members may vote in person or by proxy; also by ballot without meeting (Article II, Section 7, Paragraph 1 and 2)

Amendments

Bylaws may be amended by affirmative vote of 50% of Members at annual or special meeting or by ballot without meeting (Article X)

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