Reed Market Rowhouses Homeowners Association

Key facts from Reed Market Rowhouses Homeowners Association's documents

Reflects the 2015 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA – planned community (Class I planned community townhouse) (Recitals)

Units / lots

24 (inferred from shared driveway list; explicit count not given) (Article 4.4 listing pairs of lots: 1-2,3)

Developer / declarant

MLS Holdings LLC (Header, Section 1.8)

Governing law

Oregon Planned Community Act, ORS 94.550 to 94.783 (Recitals)

Assessments & dues

Association adopts budgets and imposes assessments (General, Special, Emergency, Working Fund, Individual) per Article 8 (Section 8.4)

Special assessments

Allowed for capital improvements, non-annual occurrences, or as determined by Board (Section 8.4(b))

Collections & liens

Assessments create a lien on the Lot and a personal obligation; Association may foreclose (Section 8.10, 9.2)

Reserves & fees

Reserve Fund established for capital repairs, replacement, and deferred maintenance (Section 8.6)

Pets

Domestic dogs, cats, other household pets kept within Unit; laying hens if permitted by local ordinance (Section 5.8)

Parking & vehicles

Prohibited if posted or marked 'No Parking' or curbs painted to restrict; Association may regulate guest parking length (Section 5.5)

Home business

Permitted with Board approval if only normal residential activities are observable outside and not in violation of law (Section 5.1)

Signs & flags

One 'For Sale' sign per Lot (max 24x36 inches); political signs allowed subject to Association regulations (Section 5.7)

Voting & meetings

Two classes: Class A (one vote per Lot for Owners other than Declarant), Class B (Declarant – three votes per Lot owned); Class B terminates when all Lots sold or Declarant elects to end (Section 6.3)

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