Oregon Proposed Legislation HB 3080 ?Relating to assessments that association of unit owners imposes on foreclosed residential real property?
On February 20, Rep. Sal Esquivel (R-OR) introduced HB 3080, titled “Relating to assessments that association of unit owners imposes on foreclosed residential real property” to the Oregon Legislature.
House Bill 3080
Sponsored by Representative ESQUIVEL
SUMMARY
The following summary is not prepared by the sponsors of the measure and is not a part of the body thereof subject to consideration by the Legislative Assembly. It is an editor’s brief statement of the essential features of the measure as introduced.
Requires owner to pay dues, charges, fees and assessments that homeowners association, condominium board or association of unit owners imposes to maintain property that homeowners association, condominium board or other association of unit owners holds in common, and for related purposes, during period in which foreclosed residential real property is vacant. Requires owner to pay utilities during period in which foreclosed residential real property is vacant. Permits homeowners association, condominium board or other association of unit owners to bring action for dues, charges, fees or assessments that remain unpaid 60 days or more after date on which homeowners association, condominium board or other association of unit owners notified owner of dues, charges, fees or assessments.
Current status as of March 18, 2015: On February 27, it was referred to the House Committee On Human Services and Housing and has a public hearing scheduled for March 25.
Please click here to view the full text of HB 3080 [pdf].
About Safeguard
Safeguard Properties is the mortgage field services industry leader, preserving vacant and foreclosed properties across the U.S., Puerto Rico, Virgin Islands and Guam. Founded in 1990 by Robert Klein and headquartered in Cleveland, Ohio, Safeguard provides the highest quality service to our clients by leveraging innovative technologies and proactively developing industry best practices and quality control procedures. Consistent with Safeguard’s values and mission, we are an active supporter of hundreds of charitable efforts across the country. Annually, Safeguard gives back to communities in partnership with our employees, vendors and clients. We also are dedicated to working with community leaders and officials to eliminate blight and stabilize neighborhoods. Safeguard is dedicated to preserving today and protecting tomorrow. Website: www.safeguardproperties.com.