Lone Oak Village

Key facts from Lone Oak Village's documents

Reflects the 2019 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Lone Oak Village

Developer / declarant

Welch Developers, LLC

Assessments & dues

Initial maximum $300 per year per lot (Article IV Section 9(a))

Special assessments

Yes, for capital improvements, with assent of members per Bylaws (Article IV Section 11)

Collections & liens

Yes, delinquent assessments become a lien on the lot; can be foreclosed; subordinate to first mortgage (Article IV Sections 7, 14, 15)

Reserves & fees

Minimum $3,000 cash balance required at turnover (Article IV Section 10)

Pets

Yes, dogs, cats, or other traditional household pets (Article II Section 5)

Parking & vehicles

Recreation vehicles, boats, trailers, campers cannot be parked in front or side yards; allowed in garage or yard barn; street parking limited to 7 days per year (Article II Section 4(c))

Fences

Fences require ACC approval; max height 6 feet (or as allowed by PDS); ornamental fences only; no chain link except small dog runs in rear yards set back 5 ft; fences in front of building setback line max 3.5 ft (Article II Section 6(b))

Architectural approval

Yes, Architectural Control Committee (ACC) must approve construction plans and specifications in writing (Article III Section 1(b))

Setbacks / home size

Per Record Plat; if none, side yard setback 5 ft; front and side street lines per plat (Article III Section 4)

Maintenance

Owners maintain lots and residences; Association maintains common areas (open spaces, entrance signs, fencing, landscaping, walkways, medians, etc.) (Article II Section 7; Article IV Section)

Use restrictions

Private single-family residential purposes only; specifically excluded boarding houses, lodging houses, fraternities, etc. (Article II Section 2)

Voting & meetings

Class A (lot owners) have one vote per lot; Class B (Developer) has one vote per lot owned; Class A members cannot vote until Builder determines or all lots sold and residences constructed (Article IV Section 17)

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