Old Lake Estates

Key facts from Old Lake Estates's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Developer / declarant

S & S Builders of MS, Inc. (Recitals; Section 1.11)

Assessments & dues

Board estimates expenses and levies assessments sufficient to pay estimated net expenses (Section 7.3 Regular Annual Assessments)

Special assessments

Allowed by Board when necessary for mandatory functions (Section 7.4 Special Assessments)

Collections & liens

Unpaid assessments become a continuing lien on Lot; may be foreclosed judicially or non-judicially (Section 7.7 Assessment Lien and Foreclos)

Reserves & fees

Maintenance fund established by Board (Section 7.2 Maintenance Fund)

Pets

Traditional domestic household pets allowed; no livestock, poultry, wild animals, or exotic animals (Section 3.24 Animals — Household Pets)

Leasing & rentals

Allowed with minimum lease term of 6 consecutive months; short-term renting prohibited (Section 3.31 Rentals)

Parking & vehicles

Trailers, trucks other than pickups, boats, etc. must be kept in enclosed structures or screened when not in use (Section 3.22)

Architectural approval

Yes, for all improvements (construction, additions, alterations) and for fences, landscaping, swimming pools, etc. (Sections 3.7, 6.1; 3.5; 3.8; 3.9)

Home business

Permitted only on Lots where plat designates accessory dwelling unit or business unit; limited to home offices and small business (excluding restaurants), subject to county ordinances (Section 4.1)

Signs & flags

One for sale sign (max 6 sq ft, 3 ft high); political signs (max 45 days before election, removed within 5 days, max 2x3 ft, 5 ft high); builder/realtor signs with ARC approval; Declarant signs without approval (Section 3.12 Signs)

Use restrictions

Property shall be improved and used solely for single family residential use, except Common Areas (Section 4.1 General)

Voting & meetings

Class A (one vote per Lot owned), Class B (Declarant, five votes per lot owned) (Section 5.3 Voting Rights)

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