Trails at Laurel Woods Homeowners Association

Key facts from Trails at Laurel Woods Homeowners Association's documents

Reflects the 2019 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Sub Association under Master Association) (Section 1.1: 'Association' or 'Sub Assoc)

Units / lots

229 (Exhibit A and recitals: Lots 49-119 (71))

Governing law

Oregon Planned Community Act, ORS 94.550 et seq. (Section 1 (Definitions): 'the terms cont)

Assessments & dues

Board establishes annual budget; regular assessments uniform against all developed lots; special assessments may be levied against benefited lots (Sections 15.1, 15.4)

Special assessments

Permitted for emergencies or defined purposes; requires Board action (Section 15.4: 'Special assessments shall)

Collections & liens

Association may file lien for delinquent assessments; lien may be foreclosed within 6 years; subordinate to property taxes, first mortgages, recorded land sale contracts (Sections 15.7, 15.9)

Reserves & fees

Required; annual reserve study; 30-year plan for maintenance, repair, replacement (Section 15.10: 'The Board of Directors o)

Pets

Yes; dogs, cats, other commonly maintained household pets; not for breeding or commercial purposes (Section 10: 'dogs, cats and other common)

Leasing & rentals

Yes; minimum lease term of 30 days (Section 11: 'Rentals shall be made for n)

Fences

Fences must comply with City of Cornelius regulations and Board standards; must be well-constructed cedar privacy design with top cap (Section 7: 'Fences shall comply with app)

Architectural approval

Pre-construction approval required for any building, structure, improvement, fence, wall, hedge, initial landscaping, or material modification (Section 8.3.1: 'No building... structure)

Home business

Permitted only for professional library, records, phone calls, conferences by appointment; no commercial signs (Section 11)

Signs & flags

Commercial signs prohibited; real estate sales signs up to 5 sq ft allowed (Section 11: 'No commercial signs shall b)

Insurance

Association obtains insurance for exterior elements of townhomes (siding, trim, roofing, etc.) (Section 5.2.7: 'The Association will obt)

Use restrictions

Yes; no commercial use except home office by appointment (no walk-in customers, no signs except real estate signs up to 5 sq ft) (Section 11: 'No portion of the Property )

Voting & meetings

One vote per Lot; no fractional voting (Section 16: 'Each Lot shall have one vot)

Amendments

Amendments must comply with Declaration, Bylaws, Oregon Planned Community Act; certain sections require City of Cornelius approval (Section 4.10) and Mortgagee consent (Section 19.6) (Sections 4.10, 19.6, and general referen)

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