Forest Hills Village Homeowners Association

Key facts from Forest Hills Village Homeowners Association's documents

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

Community type

Planned Community (Homeowners Association) (Bylaws §1.1 (Forest Hills Village, a pla)

Governing law

Oregon Planned Community Act, ORS 94.550 et seq. (Bylaws §1.5)

Assessments & dues

Set by Board based on annual budget approved by homeowners; may be increased proportionally by Portland metro cost of living index without further homeowner approval. (Bylaws §6.1, §6.3)

Special assessments

Allowed by Board resolution if budgeted assessments insufficient or unexpected expenses arise. (Bylaws §6.11.2)

Collections & liens

Association has lien for unpaid assessments, subordinate to first and second mortgages of record. Foreclosure allowed. Voluntary conveyance: grantee jointly and severally liable for unpaid assessments unless Association provides statement o (Bylaws §6.13, §6.15, §6.16)

Reserves & fees

Capital Improvement Reserve Fund required; funded by assessments; must be kept separate. Board may borrow from reserve with repayment plan. Reserve study required annually. Owners may vote by 50% not to fund reserve or to reduce/increase as (Bylaws §6.12, §6.12.4)

Pets

Not enough text; §7.12.4 'Animals' listed but content not provided. (Bylaws Table of Contents §7.12.4)

Leasing & rentals

Not enough text; §7.12.8 'Leasing and Rental of Homes' listed but content not provided. (Bylaws Table of Contents §7.12.8)

Parking & vehicles

Not enough text; §7.13 'Parking of Vehicles' listed but content not provided. (Bylaws Table of Contents §7.13)

Architectural approval

Architectural Committee exists (Chairperson is appointed Director); exterior installations require prior written Board approval. Specific ARC process not detailed in these documents. (Bylaws §4.1 (Architectural Committee Cha)

Signs & flags

Not enough text; §7.12.9 'Signs' listed but content not provided. (Bylaws Table of Contents §7.12.9)

Voting & meetings

Each Owner (including contract purchasers) entitled to vote; one vote per Lot per Declaration Article III. Majority means over 50% of voting rights. (Bylaws §2.1, §2.2, §2.5)

Amendments

Amendment requires approval of more than two-thirds of Lot Owners (per Article X, Section 3 of Declaration) as indicated by 1998 Amendment. (1998 Amendment (first paragraph))

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