Ann Arbor Place Condominiums

Key facts from Ann Arbor Place Condominiums's documents

Community type

condominium (ANN ARBOR PLACE CONDOMINIUMS)

Legal name

Ann Arbor Place Condominiums

Developer / declarant

Steven A. White and Patricia K. White (Article I definition of Declarant)

Governing law

Oklahoma Unit Ownership Estate Act, 60 O.S. §501 et seq. (Article I; also referenced on PAGE 1 as )

Assessments & dues

Amounts determined annually by the Board for operating expenses and reserve fund (Article XVII: 'the amount, to be determi)

Special assessments

Allowed for capital improvements and emergencies ('Emergency assessments') (Article XVII)

Collections & liens

Unpaid assessments constitute a lien on the Unit; Association may foreclose and obtain money judgment (Article XVII)

Reserves & fees

Reserve Fund Requirement for replacement of Common Elements; funds held in separate bank account (Article XVII)

Pets

Dogs, cats, or other household pets allowed only if kept solely as household pets and not bred for commercial purpose (Article X, Section 3)

Use restrictions

Buildings and each Unit restricted to use as single family residences (Article X, Section 1)

Voting & meetings

Each member entitled to vote on all affairs of the Corporation; voting based on percentage interest in Common Elements (By-Laws Article IV; Declaration Article )

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