Fair Oaks

Key facts from Fair Oaks's documents

Reflects the 1992 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Assessments & dues

Not fixed; set annually by budget adopted by Owners (Section 12(c); Page 23)

Special assessments

May be levied with approval of 67% of Class A votes and 51% of registered mortgagees, unless for capital improvements financed by bonds and within budget amount (Section 13(d); Pages 25-26)

Collections & liens

Unpaid assessments constitute a lien on the Lot; may be foreclosed like a mortgage; Board may accelerate and seek receiver; personal liability joint and several (Section 13(f); Pages 27-28)

Reserves & fees

Replacement reserve fund may be established for capital expenditures on Common Areas, Landscape Islands, etc.; held in separate interest-bearing account (Section 12(b); Page 24)

Pets

Yes, dogs, cats, and customary household pets, not for commercial purposes and not creating a nuisance (Section 17(e); Page 35)

Architectural approval

Prior written approval required for all exterior improvements, alterations, repairs, excavations, etc. (Section 12(c); Page 21)

Home business

Prohibited; no industry, trade, commercial, religious, or educational activity for profit or altruism (Section 17(f); Page 35)

Maintenance

Owners maintain Lots and Dwelling Units; Association maintains Common Areas, Landscape Islands, Cul de Loops, Pockets, and non-access easements (Section 11, 7(f); Pages 20-21, 15)

Use restrictions

All Lots and Dwelling Units used exclusively for residential purposes and single-family occupancy (Section 17(a); Page 34)

Voting & meetings

Two classes: Class A (all Owners except Class B) – one vote per Lot; Class B (Declarant) – 4 votes per Lot until total Class A votes exceed Class B or Applicable Date, whichever earlier (Section 6(b); Pages 7-8)

Amendments

Amendments require 67% of votes of Class A members and 51% of registered mortgagees; Declarant may amend unilaterally prior to Applicable Date (Section 18; Pages 37-38)

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