Lakewood Oaks

Key facts from Lakewood Oaks's documents

Reflects the 1994 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Lakewood Property Owners Association

Developer / declarant

Lakewood Oaks Development Corporation

Assessments & dues

Initial Maximum Annual Parcel Assessment $114.00 per lot (Article III, Section 4(a))

Collections & liens

Association may bring action to foreclose lien for delinquent assessments (Article III, Section 7)

Architectural approval

Yes, restrictions subject to variation by Architectural Review Board or delegated representative and/or Alterations Review Committee (Article V)

Voting & meetings

Class A: One vote per single family residential unit owner; Class B: Declarant has 10 votes per unsold platted lot until earlier of sale of last lot or December 31, 1999 (Article IV)

Amendments

By instrument signed by 60% of all Owners of all lots in Lakewood Oaks Addition; Declarant may amend while owning lots if not substantially impairing rights (Article VI, Section 2)

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