Breckenridge Homeowners Association, Inc.

Key facts from Breckenridge Homeowners Association, Inc.'s documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Class II planned community (Recitals, page 1)

Legal name

Breckenridge Homeowners Association, Inc.

Developer / declarant

Braatz Earle Developments, Inc. (Page 1)

Governing law

Oregon Planned Community Act, ORS 94.550 et seq. (Declaration, page 2)

Assessments & dues

Board of Directors determines annual assessment; budget presented to Association; may be amended by majority vote (Article 8.2.2, page 13)

Special assessments

Board may levy special assessments: for deficit (majority vote), breach (majority vote), repairs/renovations (majority vote), capital acquisitions/additions/improvements (75% vote) (Article 8.6, page 14)

Collections & liens

Assessments are a lien on the lot; may be foreclosed; subordinate to first mortgage and tax liens; sale/transfer does not extinguish lien except mortgage foreclosure (Article 8.1, page 11; Article 8.8, page )

Reserves & fees

Reserve account for common property replacements (3-30 year items); assessments include reserve amounts (Article 8.5, page 14)

Pets

Dogs, cats, other common household pets allowed (Article 4.8, page 9)

Leasing & rentals

Yes, when owner not in occupancy (ARB Guidelines 4.10, page 28)

Parking & vehicles

Prohibited for specified vehicles (horse trailer, travel trailer, commercial 18-wheeler, tractor, boat trailer, camper, incapacitated vehicle) (Article 4.3(d), page 7)

Architectural approval

Yes, for any improvement, addition, alteration, painting, staining, etc. (Article 4.6.3.1, page 8; ARB Guidelines )

Home business

Prohibited: No offensive or commercial activity shall be permitted (Article 4.3(a), page 6)

Signs & flags

Declarant may maintain 'For Sale' signs on property; construction signs limited to 3 sq ft, one per lot (Article 9.2, page 15; ARB Guidelines 5.3)

Setbacks / home size

1500 square feet minimum, excluding garage and unheated storage (Article 4.2(a), page 4; ARB Guidelines 3)

Use restrictions

Each lot for private residence for Owner, family, guests; rental allowed when not in occupancy, minimum one month (Article 4.3(b), page 6; ARB Guidelines 4)

Voting & meetings

One vote per lot; Declarant has 30 votes per lot until 7 years from recording or 75% of lots conveyed, then one vote per lot (Article 5.3, page 9; Bylaws 2.2, page 34)

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