ORS 94.670
Resale Certificates — Planned Community Act
Oregon's Planned Community Act requires 13 disclosure items in resale certificates, including deferred maintenance and financial statements.
Assessment
| Ref | Requirement |
|---|---|
| (1)(a) | Monthly assessment amount and any unpaid assessments or fees |
| (1)(b) | Approved special assessments not yet due |
Compliance
| Ref | Requirement |
|---|---|
| (1)(f) | Pending suits or judgments against the association |
Enforcement
| Ref | Requirement |
|---|---|
| (1)(j) | Outstanding code violations affecting common areas or unit |
Financial
| Ref | Requirement |
|---|---|
| (1)(c) | Current operating budget and most recent financial statement |
| (1)(l) | Most recent annual financial statement |
| (1)(m) | Current balance sheet or financial condition statement |
Governance
| Ref | Requirement |
|---|---|
| (1)(g) | Declaration, bylaws, and rules of the association |
| (1)(h) | Right of first refusal or other transfer restrictions |
| (1)(i) | Restrictions on use, occupancy, or leasing of units |
Insurance
| Ref | Requirement |
|---|---|
| (1)(e) | Summary of insurance coverage maintained by the association |
Reserves
| Ref | Requirement |
|---|---|
| (1)(d) | Amount of reserve fund and designated purposes |
| (1)(k) | Known deferred maintenance or capital improvement needs |
Legal references last verified March 9, 2026.
This content is educational and informational. It does not constitute legal advice.
Consult a licensed attorney in your state for legal guidance specific to your situation.