Aspen Crest Rowhouses Owners Association

Key facts from Aspen Crest Rowhouses Owners Association's documents

Community type

Rowhouse HOA (Declaration title and description of row)

Legal name

Aspen Crest Rowhouses Owners Association

Developer / declarant

Prima Donna Development Corporation (Section 1.5)

Governing law

ORS 94.616(3) (deliverables at turnover) (Section 3.3)

Assessments & dues

$1,200 per year ($100 per month) per unit (as amended) (Section 4.4.1 as amended by DOC 156744)

Special assessments

For capital improvements; requires consent of 60% of each class of members (Section 4.5)

Reserves & fees

Initial $50 per month; may be increased annually; cannot be decreased or used for other purposes except by 60% vote (Section 4.3)

Pets

Domestic dogs, cats, or other household pets kept within a Unit are allowed; no animals kept for commercial purposes or unreasonable numbers (Section 2.5.1)

Leasing & rentals

Yes, but minimum lease term of 30 days; leases must be in writing and subject to Restrictions (Section 2.4)

Architectural approval

Prior written approval from Board required for: structures, landscaping changes in common area, TV antennae/satellite receivers, a/c, heating units, exterior window guards, awnings, shades, exterior lights, noise-making devices, signs (exce (Section 9.1)

Insurance

Not to exceed $1,000 per Unit (Section 8.1.1)

Use restrictions

All units shall be used for single-family residential purposes only (except as allowed by zoning) (Section 2.4)

Voting & meetings

Class A (owners): 1 vote per unit; Class B (declarant): 3 votes per unit until 70% units sold to non-declarant (Section 3.2)

Amendments

By vote or agreement of owners representing not less than 75% of total votes of members; must be recorded (Section 10.4)

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