This one-day seminar is designed for attorneys, brokers, sales managers, realtors, escrow agents, developers, property managers, homeowner and condominium association members, construction lenders, construction professionals, engineers, project managers, surveyors, presidents and vice presidents.
9:00 a.m. - 10:30 a.m.
I. Initial Considerations
A. Condominium/PUD/Master Association
B. Central City/Suburbs
C. Residential/Office Commercial/Mixed Use
D. Considering The Market
E. Assembling The Development Team
F. Acquiring The Property
G. Development Entities
H. Land Use Considerations/Approvals
I. Leasehold Projects
J. Financing Construction/Purchaser
L. Style And Design Of Buildings
M. Common Area And Facilities
O. Maintenance Obligations – Owners v. Association
10:30 a.m. - 10:45 a.m.
10:45 a.m. - 11:15 a.m.
A. Developer Liability
B. Construction Defect
C. Association Liability
D. Directors And Officers Liability
E. Property Insurance
G. Adjusting Losses
11:15 a.m. - 11:45 a.m.
III. Reserves And Reserve Studies
A. Reserve Study Definition
B. Historical Background Of Reserve Planning
C. Oregon Statutory Requirements
D. Benefits Of A Reserve Study
E. Value Engineering The Reserve Study To Improve Profitability
F. Scheduling And Completing The Reserve Study
11:45 a.m. - 12:45 p.m.
Lunch (On Your Own)
12:45 p.m. - 1:15 p.m.
IV. Initial Management Considerations
A. Input On Document Provisions
B. Association Budgeting
C. Initial Service Contracts
D. Sales Closings/Walk-Throughs
E. Initial Association Operations
F. Transitional Advisory Committee
H. Post Turnover Issues
1:15 p.m. - 1:45 p.m.
V. Conversion/Engineer Reports
A. Statutory Requirement
B. Items To Be Inspected
C. Impact On Budget
D. Upgrading/Repairing Deteriorated Components
E. Contents Of Report
F. Use Of Engineer Reports
1:45 p.m. - 2:15 p.m.
VI. Oregon Real Estate Agency
A. Statutory Role: Condominiums/PUDs/Other Projects (Moorages, Timeshares, etc.)
B. Key Components Of Disclosure Statement
C. Presale/Standard Filings Defined
D. Filing Requirements
E. When Filing Is Considered Complete
F. Common Filing Deficiencies
G. Agency Role Not to Correct
H. Plat Approval
I. Time Considerations
2:15 p.m. - 2:30 p.m.
2:30 p.m. - 3:00 p.m.
A. Condominiums v. PUDs
D. Regulatory Approval
E. Special Considerations: Limited Common Elements, Parking And Storage Units, Marina Units, Shoe Box Units
3:00 p.m. - 3:45 p.m.
A. Documents Necessary To Create Project
B. Sales And Related Documents – Warranty Documents
C. Coordination Of Development Team
D. Real Estate Agency Filing
E. Timing Of Work Tasks
3:45 p.m. - 4:30 p.m.
IX. Special Drafting Considerations
A. Methods To Determine Percentage Ownership
B. Methods To Determine Obligations For Expenses
C. General v. Limited Expenses
D. Mixed Use Projects
E. Classes Of Directors
F. Boundaries Of Units
G. Special Types Of Units/Parking/Marina
H. Expandable And Contractible Projects
I. Leasehold Projects