(1) At the time specified in the declaration, but not later than 90 days after expiration of any period of declarant control reserved under ORS § 94.600, or 90 days after conveying 10 lots in the planned community if there is not a period of declarant control, the declarant shall call a meeting for the purpose of turning over administrative responsibility for the planned community to the homeowners association.

Ask a real estate law question, get an answer ASAP!
Thousands of highly rated, verified real estate lawyers.
Specialties include: All Real Estate Law, Landlord and Tenant Law, Foreclosure, Homeowners' Association, Trespassing, Property Law, General Legal and more.
Click here to chat with a lawyer about your rights.

(2) The declarant shall give notice of the meeting to each owner as provided in the bylaws.

(3) If the declarant does not call a meeting under this section within the required time, the transitional advisory committee formed under ORS § 94.604 or any owner may call a meeting and give notice as required in this section. [1981 c.782 § 65; 1999 c.677 § 10]

[Amended by 1965 c.619 § 32; repealed by 1971 c.478 § 1]

[Repealed by 1971 c.478 § 1]