Garden Grove (OR)

Key facts from Garden Grove (OR)'s documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Units / lots

15 (Lots 1 through 15) (Recitals, Page 1; Article 1, Definition )

Developer / declarant

Garden Grove Homes, LLC (First page of Declaration)

Governing law

Oregon Planned Community Act (ORS 94.550 to 94.783) (Recitals, Page 2)

Special assessments

Allowed for: deficit correction (board majority), special obligations of owner (board majority), common area repairs (board majority), capital improvements (80% vote of all lots), reimbursement assessments after notice and hearing (Sections 10.5.1 through 10.5.5, Page 17,)

Collections & liens

Association has lien for delinquent assessments (including future installments, interest, late fees, fines, attorney fees, administrative costs); lien superior to all except property taxes, first mortgage; foreclosure under Planned Communit (Section 10.7.2, Page 19, 25)

Reserves & fees

Required; separate from Operating Account; for common area items with replacement life 3-30 years; exempt from reserve study; 30-year plan; annual inventory and life/cost estimates; borrowing allowed after Turnover Meeting with repayment pl (Sections 10.6.1, 10.6.2, 10.6.2.1, 10.6.)

Pets

Reasonable number of household pets, not kept for commercial purposes, reasonably controlled (Section 4.5, Page 6, 11-12)

Leasing & rentals

Owner may rent or lease Home or portion, subject to conditions (Section 4.4, Page 6, 11)

Signs & flags

One 'For Sale' or 'For Rent' sign per lot, max 24 inches high x 36 inches long; political signs allowed but must be removed within 3 days after election; real estate signs removed within 3 days after sale closing (Section 4.9, Page 7, 12-13)

Use restrictions

Lots shall only be used for residential purposes (Section 4.1, Page 5)

Voting & meetings

Class A (Owners other than Declarant): 1 vote per Lot; Class B (Declarant): 3 votes per Lot until earlier of 20 years from recording or Declarant's written election to terminate Class B (Section 7.3, Page 14, 19)

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