Lakeshore Estates Homeowners Association

Key facts from Lakeshore Estates Homeowners Association's documents

Reflects the 2010 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Lakeshore Estates Homeowners Association

Developer / declarant

Lakeshore Development, Inc.

Governing law

Oregon Planned Community Act (ORS 94.550 to 94.783) (DOC 156913, PAGE 3)

Assessments & dues

Board prepares budget and fixes annual assessment at least 30 days in advance of each fiscal year; notice to owners (DOC 156913, PAGE 3 (budget), PAGE 4; DOC)

Special assessments

Board may levy special assessments: (1) correct deficit (majority vote), (2) owner obligations (majority), (3) repairs (majority), (4) capital improvements (75% of all votes), (5) reimbursement assessments (after hearing) (DOC 156913, PAGE 4-5)

Voting & meetings

One vote per lot; two lots owned by same owner considered one vote; no votes for lots 14 and 19; declarant had 4 votes per lot until 75% sold (DOC 156913, PAGE 2 (one vote, two lots c)

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