Greenway Ridge Townhouses

Key facts from Greenway Ridge Townhouses's documents

Reflects the 2002 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned Community (2023 Amendment to Declarations of Restri)

Legal name

Greenway Ridge Homeowners Association

Governing law

ORS 94.590 (2023 Amendment to Declarations of Restri)

Assessments & dues

Not fixed; set annually by Board based on budget. Each owner pays according to 1/20th interest in common area (equal share). (Bylaws Article V, Section 1; Declaration)

Special assessments

May be levied for capital improvements upon vote of members (66 2/3% of votes at a meeting called with at least 30 days notice). Also for reconstruction if insurance proceeds insufficient. (Declaration Article IV, Sections 4.4, 4.)

Collections & liens

Association has lien for unpaid assessments. After 90 days delinquency, Board may file statement of amount with Director of Records. Lien subordinate to mortgages. Association may bring action to enforce personal obligation and foreclose li (Declaration Article IV, Sections 4.8, 4.)

Reserves & fees

Common expenses include a general operating reserve and reserves for replacements and deferred maintenance. (Bylaws Article V, Section 2(e)-(f))

Use restrictions

Yes, unless otherwise approved by Board resolution. (Declaration Article VII, Section 7.1.1 ()

Voting & meetings

One vote per home. Joint owners: one vote per home, exercisable by any one owner unless protest; if protest, no vote without all co-owners' approval; if disagreement, vote disregarded. (Bylaws Article II, Sections 5, 7; Declar)

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