Madeira

Key facts from Madeira's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

Madeira Homeowners’ Association, Inc. (Section 1.1; also Statement of Associati)

Developer / declarant

Centex Homes, a Nevada general partnership (Preamble: 'by CENTEX HOMES, a Nevada gen)

Management

Northwest Community Management Company, LLC (a division of The Management Trust) (Statement of Association Information, Tr)

Governing law

ORS 94.550 to 94.783 (WITNESSETH: 'subject to ORS 94.550 to 94)

Special assessments

Allowed for capital improvements to Common Areas and Common Maintenance Areas (Section 2.4); also Limited Assessments for projects benefiting specific Lots (Section 2.9); additional assessments for corrective actions due to owner's negligen (Sections 2.4, 2.9, 2.12)

Reserves & fees

Required for replacement of Common Maintenance Area components with useful life 3-30 years; funded by Reserve Fund Assessment spread equally over Lots; annual reserve study required; after second year after turnover, reserve fund may be red (Section 2.8)

Pets

Dogs, cats, and other household pets may be kept, but not for commercial purposes; no livestock or poultry (Section 9.11)

Setbacks / home size

Maximum height per applicable zoning and building codes (Section 9.31)

Use restrictions

Lots shall be used for residential purposes only (Section 7.1)

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