Glenbrook Condominiums

Key facts from Glenbrook Condominiums's documents

Reflects the 1995 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Glenbrook Condominiums, Inc.

Governing law

Unit Ownership Estate Act of the State of Oklahoma (Preamble, page 1)

Assessments & dues

Board of Directors fixes amount at least thirty (30) days in advance of each assessment period (Article IV, Section 5)

Special assessments

Special assessments for capital improvements allowed with majority assent of all owners (Article IV, Section 3)

Collections & liens

Unpaid assessments become a continuing lien on the unit ownership estate; Association may bring action at law against owner and foreclose the lien (Article IV, Section 6)

Reserves & fees

Annual assessments include a reserve for maintenance and repair of common elements (Article IV, Section 2: reserve for maint)

Leasing & rentals

Yes, but subject to right of first refusal (Option to Purchase) (Article V, Section 3: Option to Purchase)

Parking & vehicles

Prohibited on driveways, entrance areas to private garages (Article V, Section 10: No unit owner sha)

Architectural approval

Additions, alterations, or changes to common elements require prior written approval of Board of Directors (or majority vote) (Article V, Section 4: no additions or al)

Maintenance

Association maintains roof mansard portion (owner maintains roof mansard? Text: 'his roof mansard portion (which shall be maintained by the Association as hereafter set out)') (Article V, Section 5)

Insurance

Each owner must maintain fire and other hazard insurance sufficient to cover full replacement cost, and broad form public liability covering occurrences within his Unit (Article V, Section 7)

Use restrictions

Each unit shall be used and occupied as a single family residence only, and for no other purpose (Article V, Section 2)

Voting & meetings

Majority assent of all owners required for special assessments; two-thirds consent of unit owners required to change covenants (Article IV, Section 3 (special assessmen)

Amendments

Two-thirds consent of unit owners; after initial 30-year period, auto-renewed for successive ten-year periods unless instrument signed by all owners is recorded (Article V, Section 1)

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