Oak Springs

Key facts from Oak Springs's documents

Community type

Covenant / Planned Community

Legal name

Oak Key Homeowners Association, Inc. (Article I, Section 1(a))

Developer / declarant

First Equity Development Group, Inc. and ROAL Development, Inc. (Preamble)

Assessments & dues

$125 per lot initially (until year beginning January 1993) (Article V, Section 3(b))

Special assessments

May levy special assessment not exceeding $200 per lot per year (Article V, Section 3(h))

Collections & liens

Unpaid assessments become a continuing lien on the lot; Association may foreclose; lien subordinate to first mortgages (Article V, Section 1(a) and Section 3(f))

Pets

Domestic pets allowed; no cows, cattle, goats, hogs, poultry or like animals; pets must be on leash or within enclosed area (Article VII, Section 16)

Parking & vehicles

All automobiles, trucks, boats, trailers and other vehicles stored and kept in garage when not in use; on street parking prohibited except emergencies; no parking of pickup truck, boat, trailer, commercial van in driveway or street; inopera (Article VII, Section 20)

Architectural approval

Architectural Review Board (ARB) approval required for any building, fence, wall, mailbox, or other structural improvement, or exterior change/alteration, or landscaping (except in concealed courtyard); Developer/Builder exempt (Article VI, Section 1 and Section 3)

Setbacks / home size

Single story: 1,100 sq ft living area; two story: 1,500 sq ft living area (Article VII, Section 2)

Voting & meetings

50% of all votes of Members (Article V, Section 3(d))

Amendments

By Board of Directors or by Owners of at least 75% of lots, executed in writing and recorded; but no amendment without prior written consent of Builder as long as Builder owns any lot (Article VIII, Section 8)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.