Town Square Commons

Key facts from Town Square Commons's documents

Reflects the 2014 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Town Square Commons Addition

Developer / declarant

Town Square Commons, LLC (Page 1, definitions; execution pages)

Governing law

State of Oklahoma (Page 1, 'Stat f Okl A')

Assessments & dues

Not less than $495 per Lot per year (Section 8.03, page 15)

Special assessments

Permitted (Section 8.01(ii), page 14)

Collections & liens

Assessments are a continuing lien on the Lot and may be foreclosed (Section 8.09, page 15)

Reserves & fees

Reasonable reserve fund may be established (Section 8.04(xi), page 16)

Leasing & rentals

Yes, but with prior approval of Committee and Board (Section 9.17, page 25)

Architectural approval

Committee (ARC) approval required for any improvement (Sections 9.03, 9.05, page 18-19)

Setbacks / home size

Construction within setback lines specified on plat (Section 9.04, page 19)

Use restrictions

Noxious or offensive activities prohibited (Section 9.10, page 23)

Voting & meetings

Class A: one vote per Lot; Class B (Declarant): five votes per Lot (Article 4, pages 8-9)

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