Gables Crossing Homeowners Association, Inc.

Key facts from Gables Crossing Homeowners Association, Inc.'s documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned community; Class I planned community under the Act (Section 2.2: 'The Association is a Class)

Legal name

Gables Crossing Homeowners Association, Inc. (Preamble: 'Gables Crossing Homeowners As)

Developer / declarant

Kimball Hill Homes Oregon, Inc. (Declaration: 'Kimball Hill Homes Oregon,)

Governing law

ORS § 94.550 et seq. (Oregon Planned Community Act) (Preamble: 'in accordance with the Oregon)

Special assessments

Permitted under Article 12.3 (Special Assessments). (Article 12.3 (referenced in table of con)

Leasing & rentals

Yes, leasing for residential purposes is not a business. Minimum initial term of at least 12 months. Sublease and assignment prohibited during minimum term. Lease must be in writing and disclose Governing Documents binding tenant. Owner mus (Section 7.1(b): 'All leases shall have a)

Home business

Allowed if conducted by resident, not apparent from outside, complies with zoning, no regular employee/clientele visits, not a nuisance/ hazardous, consistent with residential character. Child care on limited basis (≤2 non-resident children (Section 7.1(a): conditions (i)-(iv) and )

Insurance

Each Owner shall carry property insurance for full replacement cost of all insurable improvements on his or her Unit, less a reasonable deductible. (Section 6.2: 'Each Owner shall carry pro)

Use restrictions

Units may be used only for residential and related purposes, except as Founder authorizes for construction, marketing, and sale activities. (Section 7.1(a): 'Units may be used only )

Voting & meetings

One vote per Unit. No vote for exempt property. Co-owners share vote; majority determines. Suspended if co-owners disagree. (Section 4.2)

Amendments

Article 20.2 provides for amendment of Charter. (Article 20.2 (referenced in table of con)

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