Grand Oaks Homeowners Association

Key facts from Grand Oaks Homeowners Association's documents

Reflects the 2018 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Class I planned community under Oregon Planned Community Act (Recitals, PAGE 1)

Legal name

Grand Oaks Homeowners Association

Units / lots

37 (Lots 2-38 inclusive, plus Tracts A, B, C; future annexation possible) (1.11, PAGE 3: "Lots 2-38 of the Property)

Developer / declarant

Venture Properties Inc.

Management

Blue Mountain Community Management ll

Governing law

Oregon Planned Community Act, ORS 94.550 to 94.783 (Now Therefore paragraph, PAGE 2)

Assessments & dues

Determined annually by Board approval of budget; initial assessment set by Declarant. (10.4, PAGE 18-19)

Special assessments

Board may levy special assessments for: deficit correction (majority vote), special obligations of an Owner (majority vote), repairs (majority vote), capital improvements (80% of all votes allocated to Lots). (10.5.1-10.5.4, PAGE 19-20)

Collections & liens

Association has a lien on each Lot for delinquent assessments; recorded Declaration constitutes notice; foreclosure permitted under Planned Community Act; lien superior except for property taxes, first mortgages, land sale contracts recorde (10.8.2, PAGE 21-22)

Reserves & fees

Required; separate Reserve Account established by Declarant; funded by assessments; annual reserve study required; funds may be borrowed for seasonal needs with repayment plan. (10.7.1, 10.7.2, PAGE 20-21)

Pets

Dogs and cats (reasonable number) not kept for commercial purposes; birds, fish, small reptiles and small animals in cages/tanks kept permanently inside a Home also allowed. No livestock or poultry. (4.7, PAGE 8)

Leasing & rentals

An Owner may rent or lease a Home or portion thereof subject to conditions. (4.6, PAGE 7-8)

Parking & vehicles

Boats, trailers, commercial vehicles, mobile homes, campers, RVs not allowed on Common Area or streets at any time; on a Lot (including driveway) limited to 3 days unless fully enclosed in garage or fully obscured behind fence. Fence requir (4.9, PAGE 8)

Architectural approval

ARC shall render written decision within 30 working days after receipt of all required materials; if no decision within that time, application deemed approved. ARC may request up to 30-day extensions. (6.5, PAGE 13-14)

Home business

Allowed only if limited to personal business/professional library, records, telephone calls, and conferring with associates; no observable commercial activity outside residence. (4.1(c), PAGE 7)

Signs & flags

Only one "For Sale" or "For Rent" sign not exceeding 24" high x 36" long; political signs allowed but must be removed within 3 days after election. Real estate signs removed within 3 days after sale closing. (4.11, PAGE 9)

Setbacks / home size

All Homes shall comply with City of Hillsboro setback requirements and such other setbacks as established or permitted by City and ARC. (4.2.2, PAGE 7)

Use restrictions

Lots shall only be used for residential purposes. No trade, craft, business, profession, commercial or similar activity except as expressly permitted (e.g., sales office, personal business in home). (4.1, PAGE 6-7)

Voting & meetings

Two classes: Class A (Owners other than Declarant) - 1 vote per Lot; Class B (Declarant) - 3 votes per Lot owned until Termination Date. (7.3, PAGE 15-16)

Amendments

Amendment requires approval of not less than 75% of total votes of each class of members eligible to vote. Certain amendments require Declarant consent. Declarant may unilaterally amend to comply with requirements of FHA, FNMA, etc. prior t (11.6, 11.8, PAGE 23)

Amenities

Pedestrian walkway (Tract A), open space and water quality facilities (Tracts B and C). No pool, clubhouse, gym, or other recreational amenities described. (5.1, PAGE 11)

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