Oak Hill Settlement

Key facts from Oak Hill Settlement's documents

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

Community type

Covenant / Planned Community

Legal name

Oak Hill Settlement Owners’ Association (Section 1.3 - "Association" shall mean a)

Units / lots

Approximately 194 Lots expected in the subdivision, including initial 24 Lots in Phase 1 (Section 2.2 - "Declarant currently antic)

Management

The Management Group

Governing law

Chapter 94 of the Oregon Revised Statutes (Recitals - "pursuant to Chapter 94 of th)

Assessments & dues

Not fixed in Declaration; set annually by Board when it approves the budget for each fiscal year. (Section 10.4 - "Annual assessments for e)

Special assessments

Permitted for: deficits in operating budget (by Board majority); breach of documents (by Board majority); repairs to Common Area (by Board majority); capital additions (requires 51% vote of all lot votes, with Declarant having one vote per (Section 10.6)

Collections & liens

Association may file a notice of lien in Washington County deed records for delinquent assessments. Suit for money judgment may also be brought without waiving lien. (Section 10.8(b))

Reserves & fees

Required for Common Area capital improvements with a useful life of 3 to 30 years. Funded by a Reserve Fund Assessment spread equally over all Lots. Reserve study to be conducted annually with a 30-year plan. (Section 10.5)

Home business

Prohibited except for incidental activities not observable outside the residence, not significantly increasing parking/vehicular traffic, and not violating local ordinances. Board may approve if normal residential activities are observable (Section 4.1)

Use restrictions

Lots shall be used for residential purposes only. (Section 4.1)

Voting & meetings

Two classes: Class A (each Lot one vote), Class B (Declarant with 3 votes per Lot owned until Termination Date). After Class B conversion, each Lot one vote. (Section 7.3)

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