Claremont Greens Townhome Association

Key facts from Claremont Greens Townhome Association's documents

Reflects the 1996 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

townhome planned community (planned unit development within Claremont) (Recitals, Annexation Declaration)

Legal name

CLAREMONT GREENS TOWNHOME ASSOCIATION

Units / lots

35 (initially Lots 399–433) (Article II.3 (Bylaws), Section 2.5 (Decl)

Governing law

Oregon Nonprofit Corporation Act and Oregon Planned Community Act (Section 3.4(b))

Assessments & dues

Board fixes amount at least 30 days in advance of each annual assessment period; based on budget covering maintenance, insurance, management fees, legal costs, deficits, contingency reserves, and other expenses. Allocated equally (one unit (Article VIII.2(c)(1) (Bylaws), Section 4)

Special assessments

Allowed when Regular Assessment is inadequate; allocated similarly; payable within 30 days of mailing notice. (Section 4.3 (Declaration))

Collections & liens

Assessments are a continuing lien on the Building Lot. Lien may be foreclosed; personal obligation of owner. Costs, interest, attorney fees added. Lien notice costs borne by owner. Transfer by voluntary conveyance: grantee jointly and sever (Section 4.1 (Declaration), Article XII.2)

Reserves & fees

Required by ORS 94.595 but initially no common property so not established. If common property acquired, a reserve account will be established. Reserves for capital expenditures must be kept in separate account not commingled with general o (Section 4.2.4 (Declaration), Article XIV)

Leasing & rentals

True: leases or rental agreements must be in writing and subject to the Declaration and Bylaws. (Article XII.3 (Bylaws), Section 8.4 (Dec)

Architectural approval

True: No Townhome Improvement commenced without written approval of Architectural Review Committee (and also Claremont Civic Association). (Section 5.1 (Declaration))

Use restrictions

True: 'each Building Lot shall be used for single-family residential purposes only' (Section 7.2 (Declaration))

Voting & meetings

Class A (all owners except Declarant before conversion) – 1 vote per Building Lot; Class B (Declarant) – 5 votes per Building Lot owned. Class B converts to Class A when 75% of votes in final phase conveyed or Declarant elects earlier. (Section 3.3.2 (Declaration), Article III)

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