Property Management
In Oregon, an HOA in a condominium is primarily governed by which document?
AThe lease agreement
BThe Declaration of Condominium (or CC&Rs) and bylaws under the Oregon Condominium Act✓ Correct
COREA rules
DThe Oregon Building Code
Explanation
Oregon condominium associations are governed by their Declaration of Condominium (CC&Rs), bylaws, and rules, within the framework of the Oregon Condominium Act (ORS Chapter 100). The declaration defines ownership of units and common areas; bylaws govern HOA operations; rules cover day-to-day living standards.
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