Oregon Application to Condominium Association to make Alterations and/or Modifications to Condominium Unit and Indemnification Agreement is a legal document that allows condominium unit owners in Oregon to request authorization from the condominium association for making alterations or modifications to their units. This agreement ensures that the unit owner takes full responsibility for their proposed changes and indemnifies the condominium association from any damages, lawsuits, or liabilities that may arise as a result of the alterations. The application typically consists of several sections, including: 1. General Information: This section requires the unit owner to provide their contact details, unit number, and any other relevant information concerning the alteration project. 2. Project Description: Herein, the unit owner provides a detailed explanation of the proposed alterations or modifications. This may include structural changes, installations, renovations, or any other modifications that may impact the unit, common areas, or building systems. 3. Plans and Documentation: The unit owner must attach any relevant plans, architectural drawings, permits, or technical specifications related to the proposed alterations. This helps the condominium association assess the potential impact of the project and ensure compliance with building codes, regulations, and design guidelines. 4. Contractor Information: The unit owner must provide information about the contractor or professionals involved in executing the proposed alterations. This includes their licenses, insurance coverage details, and other necessary credentials to validate their qualifications. 5. Indemnification and Liability: This portion of the agreement highlights the unit owner's acknowledgment of assuming all liability for the proposed alterations. It specifies that the unit owner shall indemnify, defend, and hold harmless the condominium association, its board of directors, management, and other unit owners from any claims, damages, costs, or legal actions resulting from the alterations. 6. Approval Process: This section outlines the steps and requirements for the application's review and approval, including any fees, deadlines, or conditions imposed by the condominium association. 7. Signatures: The application must be signed by the unit owner and any other relevant parties involved in the alteration project, such as contractors or architects. Some variations of the Oregon Application to Condominium Association to make Alterations and/or Modifications may include additional clauses or sections depending on the specific requirements of the condominium association or the complexity of the proposed alterations. These variations may address specific guidelines for noise reduction, architectural harmony, environmental impact, or any other unique considerations mandated by the association. Overall, the Oregon Application to Condominium Association to make Alterations and/or Modifications to Condominium Unit and Indemnification Agreement is a crucial document that ensures transparency, accountability, and compliance with the condominium association's regulations and protects all parties involved from potential liabilities.
Oregon Application to Condominium Association to make Alterations and/or Modifications to Condominium Unit and Indemnification Agreement
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Boards have ultimate responsibility for how a condo fares, regardless of the involvement of a management company. In most cases boards are the ultimate decision makers, referees of minor issues, administrators, educators, and overall leaders of the community.
A Section 98 Agreement, also known as an ?indemnity agreement? or an ?alteration agreement?, is required in all situations where a unit owner proposes to make an addition, alteration or improvement (collectively, the ?Improvement?) to the common elements of a condominium.
Bulk Indemnity Agreement ? What Is Involved? A ?bulk? indemnity agreement is an agreement that covers improvements made by owners of more than one of the units, ideally, the corporation would try to encourage all unit owners to take part in the bulk agreement.
Generally speaking, owners are not permitted to make changes to the common elements; only the condominium corporation may do so. However, section 98 of the Act deals with changes made by owners to the common elements, and how and when those changes may be permitted by the condominium corporation.
Amending by-laws Boards agree to pass, change or repeal by-laws by resolution at a condo board meeting. Boards call a meeting of owners about proposed changes. The notice calling the meeting must include information about the proposed changes. Seek board approval at the meeting through a vote on the by-law by owners.
Preparing, executing and registering a section 98 agreement can be expensive. We have seen agreements that cost at least $500 and some well over $1000 for just an individual unit owner's single improvement to the common elements.
The Oregon Condominium Act governs the creation, conversion, common expenses, apportionment of interest, management, and powers of condominium associations in the state. It also covers voting rights, insurance, association administration, and insurance requirements.