Oregon Rules and Regulations for a Condominium Association

State:
Multi-State
Control #:
US-1133BG
Format:
Word; 
Rich Text
Instant download

Description

Rules and regulations are important tools for protecting condominium, townhouse or homeowner's associations. If properly enacted and enforced, they will enhance property values and create a pleasant living environment in the association. If rules and regulations are not adopted and enforced properly, they can create bitter divisions within the association and cost the association money in legal fees. If there is a standard that governs adoption and enforcement of rules and regulations, it is that rules and regulations, and their enforcement, must be fair, reasonable, and equitable. Any deviation from this standard will create legal problems. It must be remembered that when enforcing rules the Association bears the burden of establishing their reasonableness. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
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  • Preview Rules and Regulations for a Condominium Association
  • Preview Rules and Regulations for a Condominium Association
  • Preview Rules and Regulations for a Condominium Association
  • Preview Rules and Regulations for a Condominium Association
  • Preview Rules and Regulations for a Condominium Association
  • Preview Rules and Regulations for a Condominium Association
  • Preview Rules and Regulations for a Condominium Association
  • Preview Rules and Regulations for a Condominium Association
  • Preview Rules and Regulations for a Condominium Association
  • Preview Rules and Regulations for a Condominium Association

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FAQ

In many jurisdictions, depending on applicable state law, the standard rule is that 80 percent of the members of the community must vote in favor of dissolving the HOA. This is typically the case, unless the HOA documents state otherwise or provide for a different rule.

No one would have authority to collect dues or pay contractors. result in increased maintenance fees and/or special assessments. The receivership would continue until a suitable board could be put into place.

HOA Directory - The Oregon Secretary of State gives the public the ability to search for corporation information, including an association's contact information, list of board members, and corporation documents, such as the association's articles of incorporation.

The Oregon Condominium Act, the declaration and the bylaws control the rights and obligations of the unit owners with respect to each other, the common elements and their respective units. The provisions of these documents are intended to be, and in most cases are, enforceable in a court of law.

Call an association meeting and ask for a vote on dissolving the HOA. If approved, have the agreeing members sign the termination agreement. Settle any debts, dispose of assets belonging to the HOA, and file the necessary documentation with the SOS to complete the dissolution.

The Oregon Planned Community Act regulates the creation, authority, management, and operation of residential planned communities such as homeowners associations. It covers the adoption of the annual budget, voting rules, insurance requirements, assessments, and liens, among other things.

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Oregon Rules and Regulations for a Condominium Association