Central Parc at Bethany Condominiums Owners Association

Key facts from Central Parc at Bethany Condominiums Owners Association's documents

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

Legal name

Central Parc at Bethany Condominiums Owners Association (Article 14.1 of Declaration; Bylaws Sect)

Units / lots

202 (118 Living Units + 84 Parking Units) (Article 4.2 of Declaration)

Governing law

Oregon Condominium Act (ORS 100) (Preamble of Declaration; Article 1.10)

Special assessments

Allowed by board for capital improvements or extraordinary expenses; for capital improvements, requires approval of owners holding 51% of voting rights (unless emergency) (Bylaws Section 5.4)

Leasing & rentals

Yes, subject to rules and regulations (Bylaws Section 7.6 (Leasing and Rental o)

Voting & meetings

Each Living Unit owner: 1 vote per Living Unit owned; Declarant: 5 votes per unit until earlier of (a) 75% of units conveyed to non-declarant or (b) 3 years after first unit conveyance; Parking Units have no voting rights; board may vote un (Article 8.2 of Declaration; Bylaws Secti)

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