King City Garden Villas

Key facts from King City Garden Villas's documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

King City Garden Villas Service Association (Title and Preamble (Page 2))

Governing law

Oregon Planned Community Act (ORS 94.550 to 94.783) (Recital E (Page 1) and Section 1.11 (Pag)

Special assessments

Board may establish for unexpectedly large or unanticipated expenses; allocated same as regular assessment (Section 5.4 (Page 6))

Collections & liens

Unpaid assessments become lien on unit; Association may file lien and foreclose per ORS 94.709; lien subordinate to mortgages (Sections 5.6, 5.11 (Pages 7-8))

Amendments

Board: 5 directors may propose amendment; majority vote of members present at regular meeting required. Members: 25 members may petition; 2/3 vote required. Proposed amendments must be submitted 60 days before meeting and distributed 30 day (Section 12.1, 12.2 (Page 24))

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