Glencory

Key facts from Glencory's documents

Community type

Class II planned community (Introduction: 'Declarant desires to crea)

Developer / declarant

Oldham Real Estate Investments, LLC (First paragraph and Section 1.7)

Governing law

ORS 94.550 to 94.783 (Introduction: 'The community shall be su)

Assessments & dues

Based on annual budget prepared by Board; no fixed amount stated. (Section 5.2.2)

Special assessments

Board may levy Special Assessments for any deficiency; prior to Turnover Meeting, capital improvement special assessments require 50% vote of Association voting power (one vote per Lot). Special Assessments allocated equally among Lots and (Section 5.3)

Collections & liens

Association has a lien for unpaid assessments, fines, charges; foreclosure under ORS Chapter 88; lien may be continued for up to 6 years. Association may bid at sale. (Section 7.1.1, 7.1.2)

Reserves & fees

Reserve Fund for replacement of common elements (private streets, common area, lawns) that normally require replacement in 3-30 years; funded by Reserve Fund Assessment allocated equally against each Lot; separate from operating funds; boar (Sections 6.1, 6.1.1, 6.1.3)

Pets

Yes, cats, dogs, or other generally recognized household pets; not for commercial purpose; must comply with local laws and Association rules; kept in clean, sanitary enclosure screened from view. (Section 9.5)

Architectural approval

Board must provide written approval/disapproval within 30 days of complete submission; may extend by 15 days (to 45 total) if Board notifies Owner within 20 days of receipt. If no response within 30 days (or 45 if extended), approval deemed (Section 10.4)

Setbacks / home size

All buildings and structures (including fences) must conform to setback standards imposed by Washington County or other municipal jurisdiction having authority. (Section 9.19)

Maintenance

Owner maintains Lot and improvements (including landscaping and street trees). Association maintains Common Areas, Private Streets, Lawns (as defined). Owner responsible for drainage systems on Lot. Association may enter Lot to maintain shr (Sections 3.9, 9.8.1)

Insurance

Association required/permitted to maintain insurance policies pursuant to Bylaws; errors and omissions insurance for Board. (Sections 3.5, 5.2.2(b))

Voting & meetings

One vote per Lot; Class A (all owners except Declarant) and Class B (Declarant, 3 votes per Lot owned until Turnover Date) (Section 3.3)

Amendments

Declaration may be amended or repealed by vote or written consent of Class B member (if any) and Owners holding at least 75% of voting power. Amendment effective upon recordation in Washington County deed records. Certain sections (e.g., 9. (Sections 14.2, 9.8.3)

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