Ashton Oaks Subd

Key facts from Ashton Oaks Subd's documents

Community type

Covenant / Planned Community

Legal name

Ashton Oaks Property Owners Association, Inc.

Assessments & dues

Set by the Board from month to month as required to meet expenses; no fixed amount specified. (Paragraph 5B: 'Regular maintenance asses)

Special assessments

Allowed; if it exceeds $100 per Lot or Dwelling Unit in any 12-month period, must be approved in writing by two-thirds of Owners (excluding Developer). (Paragraph 5D: 'The Board may impose spec)

Collections & liens

Each assessment and interest constitutes a debt and a charge and lien upon the Lot or Dwelling Unit, prior and superior to all other liens except ad valorem taxes and any institutional mortgage recorded prior to the claim of lien. (Paragraph 5G: 'Each regular and special )

Signs & flags

A street address sign required on each Dwelling Unit. One small name sign allowed with prior written approval. No other signs of any kind displayed on any Lot, Dwelling Unit, or vehicle. Developer may place signs on the Property. (Paragraph 3F: 'A sign denoting the stree)

Use restrictions

Each lot shall be used exclusively for single-family residential purposes only. (Paragraph 2A: 'Each lot shall be used ex)

Voting & meetings

Class A members (owners other than Developer) have one vote each after Developer conveys 70% of Lots. Class B member (Developer) has sole voting rights until then and no voting rights thereafter except for amending Articles or By-Laws. (Paragraph 6C: 'Until such time as the De)

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