2021 Oregon Revised Statutes
Chapter 100 - Condominiums
Section 100.505 - Status and ownership of units.

2021 Oregon Revised Statutes

Volume : 03 - Landlord-Tenant, Domestic Relations, Probate

Chapter 100 - Condominiums

Section 100.005 - Definitions.

Section 100.015 - Rules.

Section 100.020 - Condominium provisions; restrictions.

Section 100.022 - Application of zoning, subdivision, building code or real property law to condominium.

Section 100.023 - Void and unenforceable provisions of condominium governing document.

Section 100.100 - Property submitted to unit ownership by declaration; executors of declaration; conflict between this chapter and ORS chapter 65.

Section 100.102 - Leasehold condominium submitted to unit ownership.

Section 100.103 - Effect of submission of leasehold condominium to unit ownership.

Section 100.105 - Contents of declaration; property name; variable property description.

Section 100.110 - Approval of declaration, supplemental declaration or amendment required; prerequisites; fee.

Section 100.115 - Recording declaration and plat; plat contents; supplemental declaration and plat; fees.

Section 100.116 - Plat amendment; fees.

Section 100.117 - Correction amendment to declaration or bylaws.

Section 100.118 - Correction amendment to condominium plat; fees.

Section 100.119 - Restated declaration; restated assignment of use.

Section 100.120 - Supplemental declaration and plat required to annex additional property or reclassify variable property; termination date.

Section 100.122 - Declaration prevails over inconsistent provisions of bylaws or articles of incorporation.

Section 100.123 - Authority to amend declaration or bylaws to comply with federal or state law.

Section 100.130 - Relocation of unit boundaries and common elements by amendment to declaration.

Section 100.135 - Amendments to declaration; requirements; procedure.

Section 100.140 - Temporary relocation of floating structure; security interests upon termination of condominium.

Section 100.150 - Declarant’s options until termination date.

Section 100.155 - Variable property; uses and restrictions.

Section 100.175 - Reserve account for maintaining, repairing and replacing common elements; reserve study; information required; maintenance plan.

Section 100.185 - Express warranties; form; exclusion of implied warranties; exemption for consumer products; claims.

Section 100.200 - Declarant control of association.

Section 100.205 - Transitional committee; notice of meeting for formation.

Section 100.210 - Turnover meeting; notice; transfer of control.

Section 100.220 - Liabilities and obligations arising from transfer of special declarant right; extinguishment of right; exemptions.

Section 100.225 - Acquisition of special declarant rights by successor declarant; exceptions.

Section 100.250 - Documents required to be filed with Real Estate Agency; fees.

Section 100.255 - Processing of documents filed with Real Estate Agency; procedures.

Section 100.260 - Condominium Information and Annual Reports; contents; fees.

Section 100.265 - Annual Report; notification; filing.

Section 100.275 - Application of ORS 100.250 to 100.280.

Section 100.280 - Termination of filing Condominium Information Report.

Section 100.285 - Resignation of designated agent; procedures; effective date.

Section 100.290 - Rules.

Section 100.305 - Conversion condominium; notice.

Section 100.310 - Rights of tenants in conversion.

Section 100.315 - Improvements in conversion condominium during notice period.

Section 100.405 - Association of unit owners; powers; granting of interest in common elements; dispute resolution.

Section 100.407 - Annual and special meetings of association.

Section 100.408 - Quorum for meeting of association.

Section 100.409 - Rules of order.

Section 100.410 - Adoption of bylaws; amendment.

Section 100.411 - Restated bylaws.

Section 100.413 - Approval of amended or restated bylaws.

Section 100.415 - Contents of bylaws.

Section 100.416 - Criteria for board of directors membership.

Section 100.417 - Board of directors of association; powers and duties.

Section 100.418 - Receivership for failure of association to fill vacancies on board of directors.

Section 100.419 - Assent of director to board action.

Section 100.420 - Board meetings; executive sessions.

Section 100.423 - Electronic notice to owner or director.

Section 100.425 - Use of written ballot for approving or rejecting matters subject to meeting of unit owners; procedures; exceptions.

Section 100.427 - Methods of voting.

Section 100.428 - Electronic ballot.

Section 100.430 - Unit deeds; contents.

Section 100.435 - Insurance for individual units and common elements; fidelity bond.

Section 100.440 - Liens against property; removal from lien; effect of part payment.

Section 100.445 - Independent default clauses; option to purchase fee simple interest.

Section 100.450 - Association lien against individual unit; recording notice of claim; foreclosure; effect of judgment and payment; priority of lien.

Section 100.465 - Circumstances in which deed in lieu of foreclosure extinguishes lien.

Section 100.470 - Lien foreclosure; other legal action by declarant, association or owner; attorney fees.

Section 100.475 - Personal liability for assessment; joint liability of grantor and grantee following conveyance; limitation.

Section 100.480 - Maintaining documents and records; annual financial statement; review of financial statement by certified public accountant; availability of documents and records for examination.

Section 100.481 - Application of ORS 100.480.

Section 100.483 - Annual budget; distribution of budget summary to owners.

Section 100.485 - Duration and termination of initial management agreements and service and employment contracts; applicability of federal condominium law.

Section 100.490 - Notice to unit owners of intent of association to commence judicial or administrative proceedings; contents of notice; right of unit owner to opt out.

Section 100.505 - Status and ownership of units.

Section 100.510 - Units and common elements distinguished.

Section 100.515 - Interest of units in common elements.

Section 100.520 - Easement held by units and common elements.

Section 100.525 - Voting or consenting.

Section 100.530 - Allocation of common profits and expenses; liability of unit owner; limitation on assessments against declarant; deferral of assessments by declarant.

Section 100.535 - Maintenance and improvement of units.

Section 100.540 - Use and maintenance of common elements; access for maintenance.

Section 100.550 - Service of process.

Section 100.555 - Taxation of units; exemptions; uniform appraisal and assessment; rules.

Section 100.600 - Termination of association or removal of real property by unit owners; consent of lienholders; recordation; amended plat requirements.

Section 100.605 - Removal of property from association; repair or removal of property that is damaged or destroyed.

Section 100.610 - Common ownership of property removed from unit ownership; valuation; liens.

Section 100.625 - Procedure for dividing or converting units.

Section 100.626 - Legislative findings.

Section 100.627 - Electric vehicle charging stations.

Section 100.635 - Filing with commissioner; fee.

Section 100.640 - Filing; required documents and information.

Section 100.645 - Filing information to be kept current.

Section 100.650 - Service of process on nonresident developer; consent for service on commissioner; contents of consent; records of service on commissioner.

Section 100.655 - Disclosure statement; contents; disclosure statement from other state; declarant liability limited.

Section 100.658 - Limited residential condominium filing.

Section 100.660 - Nonresidential condominium or security filing; contents.

Section 100.668 - Documents and information included with filing.

Section 100.670 - Fees; hourly rate; deposit.

Section 100.675 - Inventory of filing; review; approval; timelines.

Section 100.680 - Escrow of unit sales agreement.

Section 100.685 - Contents of unit sales agreement.

Section 100.705 - Sale prohibited prior to issuance of disclosure statement; exception; distribution; use of disclosure statement.

Section 100.720 - Conditions prerequisite to sale.

Section 100.725 - Documents prerequisite to execution of sale agreement and conveyance of unit.

Section 100.730 - Cancellation of sale of unit; notice to seller; return of payments and reconveyance; extinguishment of encumbrances; waiver prohibited; disclaimer of notice; applicability.

Section 100.735 - Waiver of right to cancel.

Section 100.740 - Notice to purchaser of cancellation rights; form.

Section 100.745 - Escrow documents required of successor to vendor’s interest.

Section 100.770 - Fraud and deceit prohibited.

Section 100.785 - Blanket encumbrance prohibited.

Section 100.900 - Civil penalty.

Section 100.905 - Cease and desist order; injunction.

Section 100.920 - Changes or actions that require approval or consent of mortgagee.