Little Whale Cove Condominium Owners Association, Inc.

Key facts from Little Whale Cove Condominium Owners Association, Inc.'s documents

Reflects the 1979 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (separately there is a Little Whale Cove Homeowners Association but this is the Condominium Owners Association) (Art. I, Sec. 1, 5)

Governing law

Oregon Unit Ownership Law (Art. I, Sec. 3)

Collections & liens

Unpaid amount plus interest, costs, fees becomes lien upon recording notice. Foreclosure action may be brought. Lien subordinate to prior recorded mortgages. Association may appoint receiver for rent, and may purchase unit at sale. (Art. V, Sec. 4-5)

Voting & meetings

Each unit owner has one vote per unit owned. Developer has one vote per unit owned. Board may vote for units acquired by Association but not in elections of directors. (Art. II, Sec. 6)

Amendments

Amendments proposed by Board majority or 20% of voting interests. Must be in writing and in meeting notice. Approval requires 75% of voting interests (in person, writing, or proxy). Amendment effective when certified by Chairman and Secreta (Art. VIII, Sec. 1-3)

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