Tennis Village Townhouse

Key facts from Tennis Village Townhouse's documents

Reflects the 1986 governing documents — figures and rules are as originally recorded and may have changed since.

Developer / declarant

Danara Construction, Inc., an Oregon corporation (Amended and Restated Declaration, Sectio)

Governing law

ORS 94.004 to 94.480 and 94.991 (Recitals and repeatedly throughout)

Assessments & dues

Board of Directors assesses unit owners for common expenses as provided in Bylaws; billed quarterly (Amended and Restated Bylaws, Section 5.1)

Reserves & fees

Board may establish reserves; funds held in trust for unit owners until expenditure due (Amended and Restated Bylaws, Section 5.1)

Pets

Yes, dogs, cats and other household pets subject to Board rules; no livestock or poultry (Amended and Restated Declaration, Sectio)

Leasing & rentals

Yes, owner may rent unit as commercial hotel unit when not in occupancy (Amended and Restated Declaration, Sectio)

Parking & vehicles

Not explicitly addressed in governing documents; but general nuisance clause may apply (Amended and Restated Declaration, Sectio)

Use restrictions

Units intended for private residence for owner, family, guests; may be rented as commercial hotel unit when owner not in occupancy (Amended and Restated Declaration, Sectio)

Voting & meetings

Each unit owner votes based on interest in common elements (Amended and Restated Bylaws, Section 4.7)

Amendments

Approval by 75% of unit owners; recorded; approved by Oregon Real Estate Commissioner (Amended and Restated Declaration, Sectio)

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