The Lakes at Traditions

Key facts from The Lakes at Traditions's documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

homeowners association (Title page: 'BYLAWS OF THE LAKES AT TRAD)

Legal name

The Lakes At Traditions Homeowners Association

Governing law

Oklahoma Business Corporation Act (Article XI, Section 2? (page 7-8: 'indem)

Assessments & dues

By Board of Directors; assessments notice given before March 1 of each year (Article VII, Section 3 (page4): 'cause a)

Collections & liens

Delinquent assessments constitute a continuing lien on the Lot; Association may foreclose the lien and recover costs and attorney's fees (Article XI (page6): 'a continuing lien u)

Reserves & fees

Interest at 18% per annum from due date (Article XI (page6): 'If the assessment i)

Voting & meetings

Each Member entitled to one vote per lot (inferred from proxy and election context); proxies allowed; cumulative voting may be allowed (Article II (page2?); Section 6: 'At all )

Amendments

These By-Laws may be amended at a regular meeting by two-thirds (2/3) of votes of Members present in person or by proxy (Article XII, Section 1 (page6): 'holder )

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