Tyrion Sky

Key facts from Tyrion Sky's documents

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

Community type

Planned community (referred to as 'Broken Top Community') (Title and Section 1.7)

Units / lots

Maximum Units: 675 Units approved under Master Plan plus additional units from Exhibit B property (max determined by zoning) (Section 1.20)

Developer / declarant

Broken Top Limited Partnership, an Oregon limited partnership (First paragraph of Declaration)

Governing law

Oregon Planned Community Act (ORS 94.550 et seq.) and Oregon Nonprofit Corporations Act (Section 1.5 and Section 3.1)

Assessments & dues

Base Assessment computed by Board to meet Common Expenses. May include reserve. Neighborhood Assessments for specific Neighborhoods. (Section 10.1, 10.2, 10.4)

Special assessments

Allowed for insufficient insurance proceeds (Section 6.5). Also Special Assessments under Section 10.5 (text not shown but referenced). (Section 6.5, 10.5)

Collections & liens

Assessments become a lien on the Unit. Section 10.9 (title 'Lien for Assessments') exists but text not fully visible. Collections as Specific Assessment under Section 10.6. (Section 10.9, 10.6)

Reserves & fees

Common Expenses may include reasonable reserve (Section 1.13). Reserve budget and capital contribution addressed in Section 10.4. (Section 1.13, 10.4)

Leasing & rentals

Owner may lease Unit (Section 2.1 'permitted lessees') and must assign use rights to lessee. (Section 2.1 (last paragraph))

Parking & vehicles

Not explicitly addressed in provided text; may be in Section 12.6.

Fences

Not detailed; but party walls and similar structures covered in Section 5.5. Fences likely subject to architectural review.

Architectural approval

Yes. Architectural review required under Article XI. Design Review Committee. Plans and specifications must be submitted (Section 11.4). (Article XI (11.1-11.8))

Home business

Not explicitly addressed in provided text; but 'Business' definition includes any ongoing provision of goods/services for compensation; likely restricted. (Section 1.8)

Signs & flags

Not explicitly in text; but Article XI (Architectural Standards) likely covers signs.

Insurance

Deductible may be included; treated as Common Expense unless due to negligence of Owner then assessed to that Owner (Section 6.1 last paragraph). (Section 6.1 (paragraph about deductible))

Use restrictions

Units intended for single-family residential use (Section 1.41). Business and Trade prohibited? Section 1.8 defines Business and Trade broadly; Section 12.6 likely restricts business use (text not fully visible). (Section 1.41, 1.8, 12.6)

Voting & meetings

Two classes: Class A (all Owners except Declarant/Builders, one vote per Unit) and Class B (Declarant and Builders, three votes per Unit). Class B ends when 75% of Maximum Units owned by Retail Owners, or 7th anniversary of first sale to Re (Section 3.3)

Amendments

Declaration may be amended as provided in Section 17.2. Amendment requires vote of Voting Members? Section 17.2 referenced but text not fully visible. Also Declarant may unilaterally amend to satisfy governmental agency requirements (recita (Recitals, Section 17.2)

Amenities

Private Amenities (e.g., Golf Course) owned/operated by others; no guarantee of access. Association may have recreational facilities on Common Area subject to Board rules and fees. (Section 2.3, 2.1(f),(g))

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