Renaissance at Rychlick Farm Homeowners Association

Key facts from Renaissance at Rychlick Farm Homeowners Association's documents

Reflects the 2013 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned community (Class I planned development) (Recital C)

Units / lots

26 (Initial Property: Lots 1 through 26) (Article 2.1)

Developer / declarant

Renaissance Custom Homes, LLC, an Oregon limited liability company (First paragraph)

Governing law

Oregon Planned Community Act, ORS 94.550 to 94.783 (Recital C)

Assessments & dues

Board prepares annual operating budget taking into account current costs, reserves, and future needs (Article 9.4)

Special assessments

Board may establish by resolution for capital improvements; requires consent of Class B member during declarant control (Article 9.5)

Collections & liens

Association has lien on Lot for unpaid assessments; personal obligation also (Article 9.11, Article 10.2)

Reserves & fees

Required; Board shall budget for reserves as deemed necessary or as required by law, at least the reserves required by Section 9.10 (Article 9.4, Article 9.10)

Pets

Yes, reasonable number of household pets (Article 5.4)

Leasing & rentals

Yes, with minimum 30-day lease term (Article 5.23)

Parking & vehicles

Prohibited for boats, trailers, commercial vehicles, etc. overnight (Article 5.7)

Architectural approval

Yes, for all Improvements (including construction, alterations, painting, fences, etc.) except by Declarant (Article 6.1)

Home business

Permitted only with Board consent and if only normal residential activities observable, subject to conditions (Article 5.2)

Signs & flags

One 'For Sale' sign allowed (max 24x36 in), must use Declarant template; two such signs during initial construction; 'For Rent' and 'For Lease' signs prohibited; political signs allowed subject to regulations (Article 5.9)

Setbacks / home size

Subject to City of Sherwood setback requirements, may be modified by variance and ARC approval (Article 5.19)

Maintenance

Owner responsibility (exterior painting, repair, replacement of roofs, etc.) (Article 5.5)

Insurance

Association shall obtain and maintain insurance as provided in Declaration or Bylaws (details not given in excerpt) (Article 7.5(b))

Use restrictions

Lots shall only be used for residential purposes (Article 5.2)

Voting & meetings

Class A (Owners, one vote per Lot) and Class B (Declarant, three votes per Lot owned until conditions met) (Article 7.3)

Amendments

Proposed by Board or Owners; approval required as per Article 13 (details not in excerpt); recordation required (Article 13)

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