Fountain Court Condominium Association Inc.

Key facts from Fountain Court Condominium Association Inc.'s documents

Community type

Condominium & Townhome community (Preface: 'Condominium & Townhome living')

Legal name

Fountain Court Homeowners Association

Governing law

Oregon law referenced (Section 11: 'Except as may be permitted )

Collections & liens

Lien may be filed after 45 days delinquency; notice of intent to file lien gives 7 days to pay; if not paid lien placed; 15 days to bring current or foreclosure may be initiated (Section 4: 'If an account becomes 45 day)

Reserves & fees

$10.00 for replacement coupon books (Section 4: 'There is a cost of $10.00 fo)

Pets

Domestic dogs or domestic cats allowed; limited number not specified. No livestock (chickens, rabbits, etc.) (Section 15: 'Residents are entitled to k)

Leasing & rentals

Yes, with pre-approval by Board. Owner must submit lease agreement; Board approves if fee paid and lease satisfies Declaration/By-Laws. New approval for change in lessee. (Section 17: 'Each Owner desiring to rent)

Parking & vehicles

Boats, truck campers, recreational vehicles, or similar not permitted unless completely enclosed within Owner's garage. Recreational vehicles may not be parked anywhere except for loading/unloading. (Section 13: 'Parking of boats, truck cam)

Home business

Home-office allowed if no external evidence, no regular client visitation, not detectable by sight/sound/smell, does not increase insurance premium, consistent with residential character, no nuisance (Section 11: 'There may be no external ev)

Signs & flags

For Sale/For Rent signs: placed in window within unit, not exceeding 24"x36", professional quality; no signs in common areas. No decals/stained glass on windows except security decals and alarm permit not exceeding 3"x5". No exterior signs (Section 7: 'Any "For Sale" or "For Rent")

Maintenance

Association provides insurance coverage of roof (part of building exteriors). (Section 12: 'The Association provides in)

Insurance

If Association incurs a loss and Board can allocate cause to a Unit Owner, that Owner shall pay any insurance deductible related to that loss (up to amount of loss if less than deductible). Board may set deductible amounts as reasonable. (Section 12: 'When an insurance claim is )

Voting & meetings

Voting rights may be suspended for 30 days for violations, or longer for continuing violations including nonpayment of assessments (Section 6: 'Other Enforcement: suspend t)

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