2021 Oregon Revised Statutes
Chapter 100 - Condominiums
Section 100.530 - Allocation of common profits and expenses; liability of unit owner; limitation on assessments against declarant; deferral of assessments by declarant.

(2) A unit owner, by the owner’s own action, may not claim exemption from liability for contribution toward the common expenses by waiving the owner’s use or enjoyment of any of the common elements or by abandoning the owner’s unit. An owner may not claim an offset against an assessment for failure of the association to perform its obligations.
(3) Subject to subsection (4) of this section:
(a) The declarant shall pay assessments due for operating expenses on all unsold units:
(A) From the date of conveyance of the first unit in the condominium; and
(B) For a staged or flexible condominium, from the date of recording the applicable supplemental declaration and supplemental plat recorded pursuant to ORS 100.120.
(b) From the date of conveyance of the first unit in the condominium, the declarant shall pay assessments due for reserves on all unsold units.
(c) The declarant may defer payment of accrued assessments for reserves required under ORS 100.175 for a unit until the date the unit is conveyed. However, the declarant may not defer payment of accrued assessments for reserves:
(A) Beyond the date of the turnover meeting provided for in the bylaws in accordance with ORS 100.210; or
(B) If a turnover meeting is not held, the date the owners assume administrative control of the association.
(d) Failure of the declarant to deposit the balance due within 30 days after the due date constitutes a violation under ORS 100.545.
(e) The books and records of the association shall reflect the amount the declarant owes for all reserve account assessments.
(4)(a) The association may not assess units owned by the declarant for additional capital improvements without the written consent of the declarant as long as:
(A) In a single stage condominium, the declarant owns more than two units or five percent of the units, whichever is greater.
(B) In a staged or flexible condominium, the declarant owns more than two units or five percent of the units submitted to the provisions of this chapter, whichever is greater, or the termination date has not expired.
(b) The declarant may waive the declarant’s right of consent provided in paragraph (a) of this subsection.
(5)(a) Except with respect to assessments for reserves required by ORS 100.175, a declaration or bylaws may provide that, until the turnover meeting, the declarant may elect to defer commencement of all or part of common expense assessments as to all units in a condominium or as to all units in a stage of a condominium or as to all units created by a supplemental declaration and plat pursuant to ORS 100.150.
(b) If a declarant so elects to defer commencement of all or part of common expense assessments, declarant shall pay as they accrue and be responsible for all or part of the common expenses attributable to the condominium or attributable to the stage of the condominium or the units and common elements created by such supplemental declaration and plat for which assessments have been deferred, until assessments commence for all common expenses.
(c) The declarant shall give not less than 10 days’ written notice to all affected unit owners prior to the commencement of common expense assessments if such a deferral occurs.
(6) If the board of directors determines that any loss or cost incurred by the association is the fault of one or more owners, the association may, after notice and an opportunity for a hearing before the board of directors, assess the amount of the loss or cost exclusively against the units of the responsible owners. [Formerly 94.260; 1999 c.677 §53; 2001 c.756 §51; 2009 c.641 §33; 2019 c.69 §17]

Structure 2021 Oregon Revised Statutes