Golf Homes at Tetherow Aka Triple Knot

Key facts from Golf Homes at Tetherow Aka Triple Knot's documents

Reflects the 2012 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Class I planned community (Oregon Planned Community Act, ORS 94.550 to 94.783) (Recitals C of the main Declaration)

Units / lots

22 (each Lot has one Townhome) (Section 1.11 and 1.27 definitions; Decla)

Developer / declarant

Weston Investment Co. LLC (WIC) and Triple Knot Associates, LLC (TKA), each as Declarant (Preamble of the main Declaration)

Governing law

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

Special assessments

Allowed, subject to approval as provided in Section 8.5 (Section 8.5 (Special Assessments))

Collections & liens

Yes, Association has a lien for assessments and may foreclose as provided (Section 8.13 (Creation of Lien and Perso)

Reserves & fees

Yes, the Association shall maintain a reserve fund (Section 8.12) (Section 8.12 (Reserve Fund) – partially )

Leasing & rentals

Yes, with restrictions (Section 5.2 (Rental of Townhomes))

Fences

Fences require written approval (Section 5.5) (Section 5.5)

Architectural approval

Yes, architectural review by Board of Directors and Architectural Review Committee under Master Declaration (Section 5.5 (Improvements and Alteration)

Maintenance

Association (included in Townhome Exteriors) (Section 1.28 definition of Townhome Exte)

Use restrictions

Yes, single family residential use restricted (Annexation Section 4.1 ('use of all Unit)

Voting & meetings

Class A (all Owners except Declarant) and Class B (Declarant); Class B member has certain consent rights (Section 3.4(b) and (c); Section 14.1 (am)

Amendments

Amendment requires affirmative vote or written consent of 75% of all Units, plus 75% of Units within Triple Knot Townhomes, plus written consent of Neighborhood Declarant (if still owning property) and Class B member (if not terminated). Re (Annexation Section 14.1; main Declaratio)

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