Oregon Statutes 100.275 – Application of ORS 100.250 to 100.280
(1) Subject to ORS § 100.550 (3), ORS § 100.250 to 100.280, including the filing of a Condominium Information Report described in ORS § 100.260 (1), apply to property submitted to the provisions of this chapter before October 3, 1989, if:
Terms Used In Oregon Statutes 100.275
- association: means the association provided for under ORS § 100. See Oregon Statutes 100.005
- Declaration: means the instrument described in ORS § 100. See Oregon Statutes 100.005
- Deed: The legal instrument used to transfer title in real property from one person to another.
- executed by the association: means signed by the secretary and the president or chairperson of the association. See Oregon Statutes 100.005
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
(a) The board of directors of the association receives a written request to comply with such sections from at least one unit owner or holder of a first mortgage or deed of trust on a unit;
(b) The board of directors of the association adopts a resolution to comply with such sections in accordance with the bylaws;
(c) The association is a party to a suit or action, the person designated in the declaration under ORS § 100.105 (1)(L), the chairperson, president or secretary receives written notice to comply with such sections from any other party to such suit or action. A copy of the notice must be delivered to the Real Estate Agency. The Real Estate Agency shall provide a copy of the filed report to the requesting party and may charge the association a fee for cost of such action. If the association fails to deliver for filing such report, the provisions of ORS § 100.265 (3) apply; or
(d) A filing is required to comply with the requirements of ORS § 100.120, 100.135 or 100.450.
(2) The Condominium Information Report required under subsection (1) of this section must be executed by the association. [1989 c.595 § 42; 1995 c.31 § 8; 2001 c.756 § 60; 2007 c.410 § 18; 2019 c.69 § 43; 2019 c.403 § 3]
See note under 100.250.