Bridgeport Landing Condominiums Unit Owners' Association

Key facts from Bridgeport Landing Condominiums Unit Owners' Association's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Bridgeport Landing Condominiums Unit Owners' Association

Developer / declarant

C.J. Cable, LLC

Governing law

ORS 100.005 to ORS 100.910 (Oregon Condominium Act) (Article I, §1.2; plat notes)

Assessments & dues

Determined annually by Board based on budget (Article VII, §7.3)

Special assessments

Levy for construction, unexpected repair, replacement, or unusual expenditures. If amount exceeds Annual Assessment for same period, Unit Owners may call special meeting; requires majority approval unless waived. (Article VII, §7.4)

Collections & liens

Assessments (including interest, late charges, fees) constitute a lien on the Unit with priority under ORS 100.450; also personal obligation of Unit Owner. (Article VII, §7.1)

Reserves & fees

Reserve Account for replacement of Common Elements with useful life 3-30 years, insurable. Funded as part of Annual Assessments. Established by Declarant; after Turnover Meeting, managed by Association. (Article VII, §7.5)

Leasing & rentals

Renting or leasing a Residential Unit is allowed; not considered commercial purpose even if term as short as a day. (Article VI, §6.2)

Home business

Residential Unit may be used as combined residence and home, executive or professional office by Unit Owner, if compliant with law and does not interfere with others. (Article VI, §6.2)

Signs & flags

Commercial Unit may have signage on exterior walls subject to Association approval (not unreasonably withheld, deemed given if no response within 30 days). Residential Units not addressed; likely restricted. (Article VI, §6.3(b))

Maintenance

Roof (including cement-tile covered roof membrane) is Common Element; Association responsible. (Article IV, §4.1.2; Article III, §3.2.1)

Use restrictions

Each Residential Unit may only be used for residential purposes; no commercial use except home office allowed. (Article VI, §6.2)

Voting & meetings

Two classes: Class A (non-declarant) 1 vote per Unit; Class B (declarant-owned) 3 votes per Unit. When Class B ceases, 1 vote per Unit. Multiple owners vote per Bylaws. (Article V, §5.5)

Amendments

Proposed by majority of Board or 30% of Unit Owners; approved by 75% of members (without regard to class); recorded with Lane County Recorder; changes to allocation of undivided interest require approval of affected owners. (Article IX, §9.1, §9.2, §9.3, §9.4)

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