Redstone

Key facts from Redstone's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Owners' Association) (Section 1.4, Association definition)

Units / lots

55 (Lots 1-19, 24-26, 43,45,46, and others; Section 3.9.1(b) references Lots 20 through 55) (Section 3.9.1(b), also Section 1.25.1 re)

Developer / declarant

Four D Development, Inc., an Oregon corporation (Section 1.10 and preamble)

Governing law

Oregon Planned Community Act (ORS Chapter 94) (Section 3.4.2)

Special assessments

Allowed if regular assessment inadequate or for specific purpose (Section 1.26, 4.4)

Collections & liens

Assessments are a continuing lien on the lot; may be foreclosed under ORS 87.060 (Section 4.1, 8.4)

Reserves & fees

Reserve Fund Assessment may be established at Board discretion; reserve study required (Section 4.2.1(e), 4.6.1, 4.6.2)

Signs & flags

One 'For Sale' or 'For Rent' sign per lot, not exceeding 24" high x 36" long (Original CC&Rs Article Two(f); Amended a)

Use restrictions

All lots for residential use only; no business except builder's temporary sales office or one-room office without external signs or client traffic (Original CC&Rs Article Two(b); Amended a)

Voting & meetings

One vote per Building Lot; Class B (Declarant) has five times voting rights until turnover (Section 3.3.1 and 3.3.2)

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