Caesar Oaks

Key facts from Caesar Oaks's documents

Community type

Covenant / Planned Community

Legal name

Caesar Oaks Property Owners' Association, Inc.

Developer / declarant

Caesar Oaks, LLC.

Assessments & dues

Initial annual assessment is $300 per Lot immediately following conveyance to an Owner. (Section 5.03(a))

Special assessments

Two types: (a) for construction, reconstruction, replacement, or inordinate repair of Common Areas or other purposes, approved by two-thirds of each class of Members. (b) against a specific Lot for willful or negligent acts or costs incurre (Section 5.04)

Collections & liens

Each Assessment is a continuing lien on the Lot and personal obligation of the Owner. Association may foreclose the lien in accordance with Mississippi law, including power of sale. (Section 7.01, 7.03, 7.04)

Reserves & fees

Cost to fund reserves, including operating reserve and/or reserve for replacement of assets, is included in maintenance assessments (Section 5.02(g)). (Section 5.02(g))

Parking & vehicles

Prohibited as part of rubbish definition: abandoned or dilapidated automobiles, trucks, tractors, and parts thereof. (Article VI(b), page 18)

Fences

Fences and walls require Architectural Review Committee approval. Section 14.02 addresses fencing and swimming pools; Section 14.11 addresses walls and fences. (Sections 11.03, 14.02, 14.11)

Architectural approval

Architectural Review Committee must review and approve or disapprove Plans within 10 business days of receipt. If no action within 10 business days, Plans are deemed disapproved. (Section 11.04)

Insurance

Each Owner shall insure their Dwelling and other improvements for full replacement value against hazards including fire, windstorm, hail, explosion, riot, civil commotion, aircraft, vehicles, smoke, and other hazards. Owner responsible for (Section 8.02)

Use restrictions

Lots are intended to be improved with Dwellings, defined as fully detached conventional single family homes. See also Section 13.01 (Use of Lots and Dwellings). (Definition of Dwelling in Section 1.01, )

Voting & meetings

Class A Members (all owners except Declarant) have one vote per Lot owned. Class B Member (Declarant) has four votes per Lot owned by Declarant and one additional vote per Lot owned by a Class A Member. (Section 3.03)

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