Three Pines Owners Association, Inc.

Key facts from Three Pines Owners Association, Inc.'s documents

Reflects the 2003 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned Unit Development (Recitals paragraph A: 'planned unit deve)

Units / lots

28 single-family Lots (initial development) (Section 2.1: 'initial development contai)

Developer / declarant

Three Pines Development, L.L.C., an Oregon limited liability corporation (First paragraph)

Governing law

Oregon Planned Community Act (referenced in Section 8.4(c)) (Section 8.4(c): 'powers, duties and obli)

Assessments & dues

Set by Board of Directors through annual budget; apportioned equally per lot (except Declarant's lots exempt until occupied for reserve assessments only) (Sections 10.3, 10.4)

Special assessments

Allowed; if aggregate exceeds 20% of budgeted gross expenses in a fiscal year, requires majority vote of voting rights. (Section 10.5)

Collections & liens

Association has a lien for unpaid assessments, fines, etc.; foreclosure under ORS Chapter 88; lien subordinate to prior recorded mortgages. (Sections 11.4(b), 11.6)

Reserves & fees

Required reserve fund for replacement of items requiring replacement in 3-30 years; funded by assessments against lots. (Section 10.10)

Pets

Dogs, cats or other common household pets may be kept, not for commercial purposes, not a nuisance. (Section 7.17)

Leasing & rentals

Owner may rent the unit when not in occupancy. (Section 7.25: 'each Owner shall be permi)

Architectural approval

All Improvements (including buildings, fences, landscaping, etc.) require prior written approval of Architectural Review Committee. (Section 6.1)

Home business

Allowed if only normal residential activities observable outside and not in violation of governmental ordinances. (Section 7.2: 'Commercial use in a reside)

Signs & flags

Only one 'for sale' or 'for rent' sign per Lot, not exceeding 4 square feet. All other signs require ARC approval. (Section 7.32)

Setbacks / home size

In accordance with City of Bend zoning and as shown on the plat; also subject to ARC guidelines. (Sections 7.18, 7.29)

Maintenance

Owner: maintenance of Lot, structures, landscaping. Association: Common Areas, Common Easement Areas, landscaping within rights-of-way, alley easement asphalt. (Articles 9 and 7.20, 9.1, 9.2)

Use restrictions

Lots shall be used for residential purposes only. No retail or industrial use. Limited home business allowed if only normal residential activities observable. (Section 7.2)

Voting & meetings

One vote per Lot (Class A); Declarant (Class B) gets three votes per Lot owned until conversion (95% sold or Declarant elects). (Sections 8.3(a) and (b))

Amendments

Not fully detailed in extract; references to amendments made in accordance with provisions herein (8.4). Withdrawal of property requires amendment executed by Declarant (2.3). (Sections 2.3, 8.4)

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