Association of Unit Owners of Elmonica Station Condominiums, Inc.

Key facts from Association of Unit Owners of Elmonica Station Condominiums, Inc.'s documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

Association of Unit Owners of Elmonica Station Condominiums, Inc. (Declaration Section 12.1, Supplemental D)

Developer / declarant

Willamette Builders Group at Elmonica Station, LLC (Supplemental Declaration opening paragra)

Governing law

Oregon Condominium Act (ORS Chapter 100) (Declaration preamble, Section 1.1)

Special assessments

Unit Owners may be assessed additional amounts individually for common expenses incurred through fault or direction (Declaration Section 7.1)

Reserves & fees

Unit Owners liable for common expenses including funding of replacement reserves (Declaration Section 6.5)

Leasing & rentals

Yes, Owner may lease or rent Unit or any part thereof, subject to written agreement and compliance with Declaration, Bylaws, rules (Declaration Section 10)

Setbacks / home size

3 stories (Supplemental Declaration Section 3.1, De)

Voting & meetings

One vote per sold Unit; Declarant three votes per Unit owned (Declaration Section 7.2)

Amendments

Amendments proposed by majority of Board or Unit Owners holding 15% or more voting rights; approved by Unit Owners holding 75% voting rights and mortgagee approval for material changes. Amendments must be recorded. (Declaration Section 15.1, 15.2, 15.3)

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