Shoreline Estates Homeowners Association

Key facts from Shoreline Estates Homeowners Association's documents

Reflects the 1991 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Preamble: "submitted in fee simple to th)

Legal name

Association of Unit Owners of Shoreline Condominium

Developer / declarant

Richard A. and Sandra Roth (Opening paragraph and Article I 1.4)

Governing law

Oregon Condominium Act (ORS Chapter 100) (Preamble and Article I 1.7)

Assessments & dues

Board prepares annual budget, assesses common expenses to unit owners in proportion to undivided interest in common elements (Bylaws Article VI 6.1, 6.2; Declaration )

Special assessments

Board may establish separate assessments for authorized capital improvements to common elements (Bylaws Article VI 6.5)

Reserves & fees

Separate account for major maintenance and replacement of common elements (life 3-30 years); after second year after turnover meeting, reserve assessments may be reduced/eliminated/increased by 75% vote; reserve funds are Association proper (Bylaws Article VI 6.4)

Pets

Dogs, cats, or other household pets allowed, provided not kept for commercial purpose (Bylaws Article VII 7.3(c))

Leasing & rentals

Implied; rental and sale activities permitted (Bylaws 7.3(a)); voting rights differentiate between leases of <=10 years and >10 years (Bylaws Article II 2.5 and Article VII 7.)

Architectural approval

Board approval required for changes to common elements or exterior appearance of unit; for removing partitions, written request to Board (Bylaws Article VII 7.2(b), 7.2(d))

Insurance

Property insurance for full insurable replacement value of units and common elements (fire, vandalism, etc.); flood insurance for ground level units (1,4,5) min $30,000 per unit and $5,000 common; liability insurance min $1,000,000 combined (Bylaws Article VIII 8.1(a), (b), (c))

Use restrictions

Each unit is to be used for residential purposes; additional limitations in Bylaws (Declaration Article IX 9.1)

Voting & meetings

One vote per unit (Declaration Article VIII 8.2; Bylaws Art)

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