Royal Oaks Homeowners Association, Inc.

Key facts from Royal Oaks Homeowners Association, Inc.'s documents

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

Community type

Covenant / Planned Community

Legal name

Royal Oaks Homeowners Association, Inc.

Units / lots

Initially 3 (Lots 1-3), maximum 12 lots (Article 2; Article 3.1; Recitals)

Developer / declarant

Kelly Rogers and Gayla Rogers

Governing law

Oregon Revised Statutes Section 94.570(1)(a) - exempt from Oregon Planned Community Act (Recitals)

Assessments & dues

Board determines annual assessment sufficient to meet obligations; budget presented to Association and may be amended by majority vote of members; assessments uniform for all lots (Article 8.2.3)

Special assessments

May be levied by Board for: (a) operating deficit (majority Board vote); (b) amounts due for breach (majority Board vote); (c) repairs/renovations to common property (majority Board vote); (d) capital acquisitions/additions/improvements (75 (Article 8.6)

Collections & liens

Assessments (including interest, costs, fees, fines) become a lien on the Lot; Association may foreclose; lien subordinate to first mortgage, real estate tax liens, and pre-recorded encumbrances; foreclosure extinguishes assessment lien but (Article 8.1, 8.7, 8.8)

Reserves & fees

Two reserve accounts: (1) Common Property Reserve Account for elements with 3-30 year life; (2) General Operating Reserve Account funded monthly by Board-determined amount (Article 8.4, 8.5)

Pets

Reasonable number of dogs, cats, or household pets (hamsters, gerbils, guinea pigs, birds, lizards, mice) allowed; not kept for commercial purposes or creating a nuisance (Article 4.3)

Leasing & rentals

Owner may lease or rent Single Family Home for any period, subject to compliance with Declaration, Bylaws, and Rules and Regulations; Owner remains responsible for tenant compliance (Article 4.6)

Parking & vehicles

Not specifically restricted; garages may store pick-ups, vans, 'four wheel drive vehicles' and other vehicles (Article 4.1.4)

Fences

Privacy (sight-obstructing) fences only on perimeter of Property; interior fences max 48 inches, constructed of post and rail or other method that permits viewing; all subject to ARB approval (Article 4.1.3)

Architectural approval

Prior written approval of Architectural Review Board required for any structure, fence, wall, exterior addition, change, painting, staining, or alteration, as well as landscaping (Article 4.7.3)

Home business

Prohibited (no commercial, retail or industrial use) (Article 4.2)

Signs & flags

Declarant may maintain a reasonable number of 'For Sale' signs at reasonable locations (including Common Property); other signs likely subject to Architectural Review Board approval (Article 4.7.2 includes regulation of signs) (Article 9.2; Article 4.7.2)

Setbacks / home size

ARB may impose more stringent setback requirements than applicable zoning; the more stringent shall apply (Article 4.1.1)

Maintenance

Owner maintains exterior of Single Family Home and landscaping of Lot; Association maintains Common Property (Article 4.4; Article 7.1)

Use restrictions

All Lots and Single Family Homes shall be used for residential purposes only; no commercial, retail or industrial use (Article 4.2)

Voting & meetings

Each Lot has one vote; fractional voting not allowed except for quorum determination (Article 5.3)

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