Oak River Green

Key facts from Oak River Green's documents

Reflects the 2009 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Oak River Green

Developer / declarant

Oak River, LLC

Assessments & dues

Initial annual assessment is $100.00. (Article VII Section 2)

Special assessments

May be levied in any assessment year for capital improvements, unexpected repairs, etc., with assent of Members representing two-thirds (2/3) of total votes eligible to be cast. Written notice required at least 10 days but not more than 30 (Article VII Section 3)

Collections & liens

Unpaid assessments become a continuing lien on the Lot. Board may record notice of lien. After 21 days' advertisement (three weekly publications) and written notice, the Lot may be sold at public outcry. Sale is subject to prior recorded mo (Article VII Section 5)

Reserves & fees

Association may fund reserves including a general operating reserve and/or reserve for replacements. (Article VII Section 2(c))

Pets

Up to three generally recognized domestic animals (e.g., dog or cat) may be kept as pets. No other animals may be raised, bred or kept. (Article IX I)

Fences

All fences are to be of wood, brick, or ornamental metal material or combination thereof. All fences are to be constructed in accordance with the City of Memphis. (Article IX F)

Architectural approval

With the exception of Developer, no structure, fence, barrier, exterior alteration, landscaping change, or new use may be commenced without prior written consent of the Architectural Control Committee. (Article VIII Section 2)

Setbacks / home size

Building setback lines shall be as shown on the final plan and/or as required by the City of Memphis. (Article IX B)

Maintenance

Association provides and pays for maintenance of Common Area and Common Improvements, including storm water detention area, real property taxes on Common Area, and may contract for yard maintenance for every Lot. Individual Owners are respo (Article V Sections 1, 2; Article VII Sec)

Use restrictions

All Lots shall be known and described as residential lots; no structure other than one single-family residence and garage and not more than one detached building. (Article IX A)

Voting & meetings

Each Owner of a Lot is entitled to one (1) vote per Lot; Declarant is entitled to two (2) votes per Lot after four (4) Lots sold in arms-length transaction; until then, consent of Developer and Lot 1 owner required for any action; Bylaws st (Article III Section 2; Bylaws Article II)

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