North Bethany Commons

Key facts from North Bethany Commons's documents

Reflects the 2017 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

North Bethany Commons

Developer / declarant

D.R. Horton, Inc.-Portland

Governing law

Oregon Planned Community Act (ORS 94.550 to 94.783) (Recitals, NOW THEREFORE paragraph)

Assessments & dues

Board approves annual budget; annual assessment established; initial assessment set by Declarant. Assessments allocated equally among all lots except Exterior Elements maintenance allocated equally among Lots 1-5. (Sections 11.4, 11.4.2)

Special assessments

Allowed for deficit (majority Board vote), breach of obligations (majority Board), repairs (majority Board), capital improvements (80% vote of all lots), reimbursement assessments (notice and hearing). (Section 11.5)

Reserves & fees

Reserve Account required; assessments for reserves deposited separately; reserve study required annually; funds used for major maintenance, repair, replacement of Common Area and Commonly Maintained Property. (Sections 11.6, 11.6.2, 11.6.2.3)

Pets

Reasonable number of household domestic pets (dogs and cats) permitted. Birds, fish, small reptiles and small animals kept in cages or tanks inside are also permitted. No animals for commercial purposes. (Section 4.6)

Leasing & rentals

Yes, Owner may rent or lease Home or portion. (Section 4.5)

Parking & vehicles

Not allowed on Common Area or streets; on Lot limited to 24 hours. (Section 4.8)

Fences

ARC approval required; fences must have access ways for Association maintenance; fence stain options: Olympic Clear Tone or Olympic #716 Cedar Natural or equivalent; powder coated chain link allowed in water quality facilities or abutting o (Section 4.14)

Architectural approval

Yes, for any improvement (construction, alteration) on a Lot, including fences, landscaping, basketball hoops, antennas, exterior lighting, etc. (Articles 7, 4.2, 4.14, 4.18, 4.16, 4.17)

Home business

Owner may maintain personal business library, records, phone calls, confer with associates in conformance with county ordinances. Board may approve other commercial activities if only normal residential activities observable and no violatio (Section 4.1)

Signs & flags

Not more than one 'For Sale' or 'For Rent' sign per lot, max 24x36 inches. Political signs allowed but must be removed within 3 days after election day. Real estate signs removed within 3 days after closing. No other signs. (Section 4.12)

Maintenance

Exterior Elements include roofing; maintenance and replacement provided by Association. (Sections 1.11, 4.4)

Insurance

Each Owner must purchase and maintain insurance sufficient to cover loss relating to Lot and Attached Home. Copy of policy or evidence must be provided to other Owner at least 10 days before expiration of previous coverage. (Section 6.2)

Use restrictions

Lots shall only be used for residential purposes; no trade, craft, business, profession, commercial activity permitted except as allowed by local ordinances and Board approval for limited home business. (Section 4.1)

Voting & meetings

Two classes: Class A (non-Declarant owners) 1 vote per lot; Class B (Declarant) 3 votes per lot until termination. After conversion, all owners 1 vote per lot. (Section 8.3)

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