Padgett Estates

Key facts from Padgett Estates's documents

Legal name

Padgett Estates Owners Association (Article 7.1(a))

Units / lots

13 residential lots (Lots 1 through 13) plus one tract (Tract A). Note: document contains typographical inconsistencies indicating 13 lots. (Recitals; Article 5.1(a); Plat reference)

Developer / declarant

Waibel Family, LLC, an Oregon limited liability company (Opening paragraph; Recitals)

Governing law

Oregon Planned Community Act, ORS 94.550 to 94.783 (Article 1.1; Article 2.4)

Special assessments

For deficits or repairs by majority Board vote; for capital improvements by 75% Owner vote. (Article 10.6)

Reserves & fees

Not explicitly required; Board may use surplus for future budgets. (Article 10.3(e))

Pets

Domestic dogs, cats, or other household pets kept inside. Also sheep, goats, chickens (max 12, no roosters), and llamas allowed on properly fenced lots. (Article 5.4(a))

Leasing & rentals

Yes, but only entire Lot, minimum 30 consecutive days, no transient use, written lease required. Board may require termination if tenant violates. (Article 5.3)

Architectural approval

Yes, for any structure, exterior addition, change, or alteration. ARC approval required before commencement. (Article 6.1)

Home business

Home office permitted if no regular client/customer visits or employees coming to the lot. (Article 5.1(a))

Setbacks / home size

For Lots 4,5: 75 ft rear setback; for Lots 10,11,12,13: 150 ft rear setback (rear is opposite of Tract B side). (Article 5.5(b))

Voting & meetings

One vote per Lot. Majority of Owners means more than 50% of voting rights. (Article 1.12; Article 7.3)

Amendments

Amendment requires approval as stated in Article 12 (specific threshold not detailed here; likely by Majority or as required by Act). Change to single-family restriction requires unanimous written approval of all Lot owners. Restriction on (Article 12; Article 3.2; Article 5.1(a))

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