Cedar Terrace Condominium Owners Association

Key facts from Cedar Terrace Condominium Owners Association's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Class II planned community (Section 1)

Legal name

Cedar Terrace Homeowners' Association, Inc. (Section 3.1)

Units / lots

43 Lots plus Tracts (Section 1.13)

Developer / declarant

JLS Custom Homes, Inc., an Oregon corporation (Section 1 (Declarant definition))

Governing law

ORS 94.550 to 94.783 (Section 1)

Special assessments

Board may levy special assessments; prior to turnover, capital improvement specials require 50% approval (one vote per Lot) (Section 5.3)

Reserves & fees

Established for replacement of common elements; funded by Reserve Fund Assessment equally per Lot; Board may adjust after turnover with 75% Owner vote to reduce/increase (Section 6.1, 6.1.1, 6.1.4)

Parking & vehicles

Prohibited unless fully enclosed in garage and screened; no storage on streets over 48 hours (Section 9.4)

Signs & flags

One 'For Sale' sign up to 2x3 ft on stake; one 'For Rent' sign up to 3 sq ft from inside unit; political signs max 90 days before election, removed within 15 days after; Declarant signs exempt (Section 9.11)

Setbacks / home size

All buildings must conform to Washington County or municipal setback standards (Section 9.19)

Use restrictions

Lots used only for residential purposes; one detached single-family dwelling not exceeding two stories, plus garage/carport (Section 9.2)

Voting & meetings

One vote per Lot for Class A members (all Owners except Declarant); Declarant as Class B member entitled to three times the votes per Lot owned; Class B membership ends on Turnover Date (Section 3.3.1, 3.3.2)

Amendments

By 75% of voting power (including Class B member if any); recorded certificate; cannot change special Declarant rights without Declarant's consent (Section 14.2)

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