Abbey Crest

Key facts from Abbey Crest's documents

Reflects the 2019 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Single-family residential subdivision with townhomes/zero-lot line walls possible (Section 1.40 (Residence definition), Sec)

Legal name

Abbey Crest Homeowners Association (Section 1.4)

Developer / declarant

DR Horton, Inc.-Portland, a Delaware corporation dba DR Horton (Preamble and Section 1.17)

Governing law

State of Oregon (Oregon non-profit corporation law implicitly) (Section 1.4 (Association is Oregon non-p)

Assessments & dues

Set by Board based on Budget; amount per Lot is Budget divided by number of Lots (Section 4.3(b)). Not a fixed dollar amount. (Section 4.3)

Special assessments

Allowed: Capital Improvement Assessments (Section 4.4) require Majority Vote of both Classes; other Special Assessments (Section 4.5) determined by Board. (Section 4.4 and 4.5)

Collections & liens

Association has lien on Lot for unpaid Assessments and may foreclose under Oregon law after recording notice and 30 days notice to owner. (Article 5 (Sections 5.2, 5.3))

Reserves & fees

Common Expenses include funding of reserves for anticipated operational shortfalls or replacement of capital items. (Section 1.15(f) and (g))

Fences

Fencing must conform to community fence standard and be approved in writing by Committee; fences shall not interfere with easements. (Section 10.1(c))

Insurance

Each Owner of a Lot shall purchase and maintain insurance sufficient to cover any loss relating to the Lot and townhome/duplex; evidence to Association at least 10 days before expiration. (Section 6.4(h))

Use restrictions

Implicit: Lots are for construction of Residences (single-family dwelling units). (Section 1.27 (Lot) and Section 1.40 (Res)

Voting & meetings

Two classes: Class A (non-Declarant owners) – 1 vote per Lot; Class B (Declarant) – 3 votes per Lot owned until Turnover Date. Co-owners cannot vote if disputed. (Section 3.9)

Amendments

Article 14 (Duration and Amendment) listed in Table of Contents but text not provided. Declarant can amend to add/subtract properties (Section 2.2). (Table of Contents (Article 14), Section )

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