Rivendell Owners Association Inc.

Key facts from Rivendell Owners Association Inc.'s documents

Reflects the 1998 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Class II Planned Community under ORS 94.550 et seq. (Bylaws §1.1; Declaration WHEREAS)

Units / lots

13 living units (WHEREAS: 'a planned community consisting)

Governing law

Oregon Planned Community Act (ORS 94.550 et seq.) (Bylaws §1.1)

Assessments & dues

Not fixed in document; set by Board of Directors each year based on budget. (Declaration §4.7.1; Bylaws §6.1)

Special assessments

May be levied by Board with approval of two-thirds (2/3) of votes cast at a meeting called for that purpose, with at least 30 days written notice. (Declaration §4.5)

Collections & liens

Unpaid assessments (including interest, court costs, reasonable attorneys' fees) become a lien on the lot. Lien is subordinate to first mortgages. Association may enforce lien by foreclosure, including under mechanic's lien statutes (ORS Ch (Declaration §4.7.2, §4.7.3; Bylaws §6.8,)

Reserves & fees

Reserve account established in name of Association for major maintenance and replacements. Funds are property of Association, not refundable. After second year after Turnover, owners may vote by 75% to change future reserve assessments. (Declaration §4.4; Bylaws §6.6)

Pets

Only domestic dogs, cats, or other household pets kept within a living unit. (Declaration §8.1 (Pets))

Parking & vehicles

Only temporary two-hour guest parking on property directly in front of owner's living unit. (Declaration §8.1 (Parking))

Fences

Any fence or wall requires ARC approval; owners prohibited from painting or changing exterior of any fence or wall without ARC permission. (Declaration §8.1 (Painting); §6.2 (submi)

Architectural approval

Yes – plans for any building, structure, wall, fence, or improvement must be submitted to the Architectural Committee (ARC) at least 30 days prior. (Declaration §6.2)

Home business

Home office allowed if it does not significantly increase foot/vehicular traffic, disturb neighbors, or affect residential nature. Any dispute submitted to Board. (Declaration §8.1 (same paragraph))

Setbacks / home size

Standards specified in the zoning ordinance of the City of Beaverton apply. (Declaration §6.3)

Maintenance

Not explicitly stated; likely owner's responsibility per exterior maintenance clause. (Declaration §7.1)

Insurance

Board shall cause improvements on common areas to be insured with broad form fire and extended coverage insurance for replacement value. Also liability coverage as deemed advisable. (Declaration §10 (Insurance); Bylaws §8.1)

Use restrictions

Living units shall be used solely for residential purposes as private single-family residences. (Declaration §8.1 (Article VIII Restricti)

Voting & meetings

Class A: one vote per living unit owned by non-declarant. Class B: Declarant gets three votes per lot owned. Class B converts to Class A upon 3 years after first conveyance, 70% units sold, or completion of development. (Declaration §2.2.2; Bylaws §2.1)

Amendments

Covenants, conditions, or restrictions (except easements) may be amended by instrument signed by members entitled to cast 75% of total votes, or by Declarant to comply with governmental requirements (ORS 94.585). Amendments must be recorded (Declaration §9.3.2, §9.3.3)

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