Westmount Condominium Owners Association

Key facts from Westmount Condominium Owners Association's documents

Reflects the 2024 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Westmount Condominium Owners Association

Units / lots

10 (eight Residential Units and two Commercial Units) (Article 4.2)

Governing law

Oregon Condominium Act, ORS 100.005 to 100.627 (Article 2, Article 1.15)

Assessments & dues

General expenses allocated by square footage ratio of unit to total square footage of all units. Residential expenses allocated among residential units by square footage ratio. Commercial expenses allocated among commercial units by square (Article 8.2, 8.3)

Reserves & fees

Reserves are mentioned in context of maintenance expenses for common elements and limited common elements (Article 8.2(i), 8.3(a)(i), 8.3(b))

Parking & vehicles

Limited common element LCEP (parking area) pertains to Residential Units. Board assigns one parking space per Residential Unit. If handicap space assigned to non-handicapped unit and later handicapped occupant, board re-assigns. Other parki (Article 6(c), Article 5(a))

Maintenance

Association responsible for TPO roofing, parapets, scuppers, gutters, downspouts. Maintenance of LCE Rooftop (covering) is responsibility of Commercial Units, but TPO roofing under Association. (Article 11.1)

Use restrictions

Residential Units must be used primarily for residential purposes as defined in the Bylaws (Article 10.1)

Voting & meetings

Each unit owner entitled to vote equal to unit's allocation of undivided interest in common elements (based on square footage). Declarant has triple voting rights until earlier of sale of 75% of units or 3 years after first conveyance. Meth (Article 8.4)

Amendments

Proposed by majority of board or 30% of voting rights. Requires approval by 75% of voting rights (excluding Declarant's weighted vote) and mortgagee consent per Article 13. Declarant's prior written consent required for 10 years after last (Article 16)

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