Parks at Broken Top

Key facts from Parks at Broken Top's documents

Reflects the 1994 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Broken Top Community Association, Inc.) (Section 1.3)

Developer / declarant

Broken Top Limited Partnership, an Oregon limited partnership (Opening paragraph)

Governing law

Oregon Planned Community Act (implied) and Oregon Revised Statutes (Section 1.5 (reference to 'Oregon Planne)

Special assessments

Special assessments permitted per Section 10.5 (table of contents indicates section 10.5 'Special Assessments') (Table of Contents (page heading for Arti)

Collections & liens

Section 10.9 provides for lien for assessments against Units (table of contents) (Table of Contents (page heading for Arti)

Reserves & fees

Reserve budget and capital contribution required per Section 10.4 (table of contents) (Table of Contents (page heading for Arti)

Architectural approval

Architectural standards and Design Guidelines apply; approval required per Article XI (Section 1.16, Article XI (Table of Conte)

Home business

Business and Trade broadly defined; likely restricted under Article XII Use Guidelines (Section 1.8 (definition) and Article XII)

Insurance

Deductible treated as Common Expense or Neighborhood Expense unless loss due to negligence/willful conduct of specific Owner, then assessed against that Owner's Unit (Section 6.1 (paragraph about deductible))

Use restrictions

Units are intended for use as a single-family residence (attached or detached) (Section 1.41 (definition of Unit))

Voting & meetings

Class A Members (all Owners except Class B) have one vote per Unit; Class B Members (Declarant and Builders) have three votes per Unit owned. Class B membership terminates upon earliest of: 75% of Maximum Units owned by Retail Owners, 7th a (Section 3.3(a) and (b))

Amendments

Amendment procedure per Section 17.2 (not fully extracted); requires vote per Table of Contents (Table of Contents (Article XVII) and Sec)

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