Oregon Condominium Act definition
Examples of Oregon Condominium Act in a sentence
Developer has reserved the right to revise or amend the Declaration, Bylaws, and Escrow Agreement to the extent that reasonable changes may be required by governmental authorities, lenders or title insurance companies or that any changes may be required to conform to or utilize the provisions of the Oregon Condominium Act or applicable federal or state law, FannieMae guidelines or FannieMae, Federal Housing Authority or Veterans Affairs regulations, or any amendments or revisions thereto.
The Amendment will be effective upon recordation in the Deed Records of Columbia County, Oregon, of the Declaration as amended or of the amendment thereto, certified to by the chairperson and secretary of the Association as being adopted in accordance with this Declaration and the provisions of the Oregon Condominium Act, and the Real Estate Commissioner if such approvals are required by the Oregon Condominium Act.
Each of the HOA governance documents described below must be consistent with federal, state, and local laws, such as the Oregon Condominium Act (ORS chapter 100).
Section 37 of the Lease is deleted in its entirety and the following language is inserted in its place: "The Building is a multi-unit condominium under the Oregon Condominium Act.
Upon Substantial Completion of the ▇▇▇ ▇▇▇▇▇▇ Container Lofts, Tenant shall submit the Project to the leasehold condominium form of ownership in accordance with the Oregon Condominium Act.
The Oregon Condominium Act (“Condominium Act”) (ORS 100.005–100.990) was first enacted in 1963 as the Oregon Unit Ownership Law, and has been amended several times since its passage.