Bower at 4th and Lee

Key facts from Bower at 4th and Lee's documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Governing law

Oklahoma Unit Ownership Estate Act, 60 O.S. § 501 et seq. (Article I, definition (c) of Act)

Assessments & dues

Initially set by Developer; Regular Assessments established by Board annually. Base Monthly Assessment shown in Exhibit G (e.g., for a 1,076 sqft unit monthly assessment noted but value illegible). (Section 9.1 and Exhibit G)

Special assessments

Permitted upon Board approval and written notice to Owners. (Section 9.2)

Collections & liens

Assessment constitutes a lien on the Unit, prior to all other liens except taxes, judgments, mortgages, and mechanics' liens under certain conditions. Association may foreclose by court action or by private power of sale (Section 9.17). (Sections 9.10, 9.11, 9.12, 9.17)

Reserves & fees

Reserve Fund defined in Article I (eee) as monies held for future capital repairs and replacements. Association may establish reserves as part of budget. (Article I definition (eee) and Section 9)

Pets

Yes, but subject to Rules; unauthorized pets causing nuisance must be permanently removed; dogs/animals not to make disturbing noises in Unit below. (Section 4.6(p))

Leasing & rentals

Yes, but only to Owner, family members, household employees; lease must be in writing, provide tenant information, and comply with Rules. Subject to Section 4.2 restrictions. (Section 4.2)

Parking & vehicles

Prohibited; no Vehicle may obstruct traffic or create hazard. (Section 4.6(u))

Architectural approval

Yes, for all owner construction, alterations, additions, betterments except those not affecting Common Elements or structure. (Sections 7.2, 14.3, 14.4)

Home business

Permitted if not visible from outside, no customers, no parking, no signs, and complies with Rules. (Section 4.6(r))

Maintenance

Association maintains roof as part of Common Elements; Owner may not alter roof (subject to Roof Easement). (Section 5.4(e) (Roof Easement) and Secti)

Insurance

Deductible is part of Common Expenses and may be passed through to Unit Owner if loss caused by that Owner. (Section 8.3(c) and Section 8.6(i))

Use restrictions

Units for residential purposes only; no commercial, professional, or trade use except as meeting space for Association or home business if no outside signs, no customers, and complies with Rules. (Section 4.6(e) and (r))

Voting & meetings

Each Unit Owner has voting rights; may be suspended for nonpayment of assessments (Section 9.9). Voting is allocated per Unit, not per Owner. (Section 6.3 (transfer of membership) and)

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