Coast Manager Training

Statutory Framework

What is a condominium?

Statutes

• ORS 100 (Condominium Act)
• ORS 65 (Nonprofit Act)
• Fair Housing Act

Governing Documents

Declaration

• Description of Property
• Method of Allocating Assessments
• Voting Rights
• Declarant Rights
• Creates the Condominium
• Must be Recorded

Bylaws

• Director Number & Qualifications
• Quorum
• Maintenance Obligations
• Use Restrictions
• Must be Recorded

Plat

• Condo Plats Must Show Elevation View
• Must be Recorded
• Depicts units and common elements

Conflicting Provisions?

Amending

• Determine Vote Requirement
• Solicit Feedback
• Electronic Voting
• Must be Recorded w/in 1 year

Association Governance

Directors

Directors v. Officers

Management Role

Meetings

• Board
• Annual
• Special
• Committee

Quorum

Notice Requirements

Open Meetings & Executive Session

Voting

• Weighted Votes
• Ballot
• Roll Call
• Unanimous Consent

Meaning of Majority

• 200 Units; 100 owners attend; 97 cast votes; 3 abstain
• "Majority of Owners Present"
• "Majority of votes cast"
• "Majority of all owners"

Proxies

Meeting Minutes

Parliamentary Procedure

Reserves

Collections

Lien Priority

• First Mortgage/Tax Lien
• Second Mortgage
• Construction Lien
• Line of Credit
• Condominium Lien

Conflict Resolution

• Mediation
• Arbitration
• Litigation

Insurance

• Liability
• Property
• D & O
• Fidelity
• Deductible Responsibility

Board Training