ASSN. OF UNIT OWNERS v. FAR WEST FEDERAL

CV 83-1702; CA A64383.

852 P.2d 218 (1993)

120 Or. App. 125

ASSOCIATION OF UNIT OWNERS OF the INN AT OTTER CREST, an unincorporated association, and Otter Crest Corporation, an Oregon corporation, Appellants, v. FAR WEST FEDERAL BANK, a federally chartered bank, Consolidated Shelter, Inc., an Oregon corporation, Consolidated Resorts, Limited, an Oregon limited partnership, Consolidated Development Company, an Oregon limited partnership, Consolidated Holdings, Limited, an Oregon limited partnership, Otter Rock Water Services Company, an Oregon limited partnership, and Otter Rock Development Company, Inc., an Oregon corporation, Respondents, ASSOCIATION OF UNIT OWNERS OF the INN AT OTTER CREST, an unincorporated association, and Otter Crest Corporation, an Oregon corporation, Third-Party Plaintiffs-Appellants, v. SAFECO TITLE INSURANCE COMPANY OF OREGON, an Oregon corporation, Third-Party Defendant-Respondent.

Court of Appeals of Oregon.

Decided May 12, 1993.


Attorney(s) appearing for the Case

Phil Goldsmith and Christopher James, Portland, argued the cause, for appellants and third-party plaintiffs-appellants. With them on the briefs were Arno H. Denecke, Roger K. Harris and James & Denecke, Portland.

Barbee B. Lyon, Portland, argued the cause, for respondents and third-party defendant-respondent. With him on the brief were Jeanne M. Chamberlain and Tonkon, Torp, Galen, Marmaduke & Booth, Portland.

Before WARREN, P.J., and RIGGS and EDMONDS, JJ.


RIGGS, Judge.

This is an action concerning certain property interests in the Inn at Otter Crest (the Inn), a condominium/resort development in Lincoln County, Oregon. Plaintiffs include the Association of Unit Owners (AUO), made up of current condominium owners, and the Otter Crest Corporation (OCC), an Oregon corporation that purchased or leased most of the disputed facilities after defendants threatened to shut them down in 1981. Defendants are Far West Federal...

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