Eleven Twenty 159 Condominium Park

Key facts from Eleven Twenty 159 Condominium Park's documents

Reflects the 2019 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Eleven Twenty 159 Condominium Park

Developer / declarant

Purvis Properties, LLC (Page 1)

Governing law

Oklahoma Unit Ownership Estate Act, 60 O.S. § 501 et seq. (Page 1)

Assessments & dues

To be determined by COA based on budget; not fixed (Page 3-4: 'roughly estimated out-of-pock)

Special assessments

Permitted; COA may levy special assessments if needed (Page 4: 'special Assessment')

Collections & liens

Assessments constitute a lien; may be foreclosed by suit (Page 5: 'shall constitute a lien... may )

Reserves & fees

Interest and attorney's fees may be charged; no specific late fee amount (Page 4: 'interest on the assessment... a)

Signs & flags

Declarant has sole discretion over signage on the Property (Page 1: 'Declarant... in its sole discre)

Maintenance

Unit owner responsible for unit interior; COA responsible for common areas (including landscaping, parking, etc.) (Page 7: 'Each Unit owner shall... keep a)

Insurance

COA shall procure liability and hazard insurance on property owned by COA, and officers/directors liability (Page 22: 'Procure and maintain adequate )

Use restrictions

Prohibited; no noxious or offensive activity (Page 8: 'No noxious... shall be done the)

Voting & meetings

Majority of Members voting per allotted votes (Bylaws Page 20: 'A vote of a majority of)

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