Comfort Oaks Property Owners

Key facts from Comfort Oaks Property Owners's documents

Reflects the 1998 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Subdivision (COMFORT OAKS SUBDIVISION)

Legal name

Comfort Oaks Property Owners Association, Inc.

Developer / declarant

Ronald J. Price and Charlene Price (Ronald J. Price and Charlene Price, call)

Special assessments

May be levied in any assessment year for capital improvements, approved by majority of members. (Article III, Section 3)

Collections & liens

Annual and special assessments together with interest, costs, and reasonable attorney's fees are a lien on the lot and a personal obligation of the owner at the time assessment fell due. Association may bring action at law or foreclose lien (Article III, Sections 1 and 5)

Signs & flags

Declarant, its transferees, employees, subcontractors may maintain signs on lots owned or controlled by them as necessary for sale, lease, or otherwise. 'Transferees' specifically exclude purchasers of lots improved with completed residence (Article V, Section 3(d))

Maintenance

Association responsible for maintenance of common areas (swales, stormwater drainage, retention basin). Owner responsible for maintenance of easement areas on their lot. (Article I, Section 5 (definition of Main)

Insurance

Association may purchase liability insurance insuring against liability to public, owners, invitees, tenants arising out of occupation/use of common area. Policy limits set by association, reviewed annually. (Article III, Section 2(ii))

Voting & meetings

One vote per lot; when more than one person holds interest, they determine how to cast the vote; no more than one vote per lot. (Article II, Section 2)

Amendments

By recording an instrument executed and acknowledged by not less than three-quarters of each class of members. (Article VI, Section 3)

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