Title 100 · ORS Chapter 100
94.255; 2001 c.756 �50; 2007 c.409 �32; 2009 c.641 �32] ����� 100.530 Allocation of common profits and expenses; liability of unit owner; limitation on assessments against declarant; deferral of a
Citation: ORS 94.255
Section: 94.255
94.255; 2001 c.756 �50; 2007 c.409 �32; 2009 c.641 �32]
����� 100.530 Allocation of common profits and expenses; liability of unit owner; limitation on assessments against declarant; deferral of assessments by declarant. (1) Unless otherwise provided in the declaration, the common profits of the property are distributed among, and the common expenses are charged to, the unit owners according to the allocation of undivided interest of each unit in the common elements.
����� (2) A unit owner, by the owner�s own action, may not claim exemption from liability for contribution toward the common expenses by waiving the owner�s use or enjoyment of any of the common elements or by abandoning the owner�s unit. An owner may not claim an offset against an assessment for failure of the association to perform its obligations.
����� (3) Subject to subsection (4) of this section:
����� (a) The declarant shall pay assessments due for operating expenses on all unsold units:
����� (A) From the date of conveyance of the first unit in the condominium; and
����� (B) For a staged or flexible condominium, from the date of recording the applicable supplemental declaration and supplemental plat recorded pursuant to ORS 100.120.
����� (b) From the date of conveyance of the first unit in the condominium, the declarant shall pay assessments due for reserves on all unsold units.
����� (c) The declarant may defer payment of accrued assessments for reserves required under ORS