Oak Ridge Village Sub #4A

Key facts from Oak Ridge Village Sub #4A's documents

Community type

subdivision (Preamble)

Legal name

OAK RIDGE VILLAGE HOMEOWNERS ASSOCIATION, INC. (Article II(c))

Developer / declarant

WETMORE THOUSAND OAKS, LTD. (Opening paragraph)

Governing law

Texas (State of Texas)

Assessments & dues

Initial annual assessment for improved Lot set by Board; for unimproved Lot is 1/4 of improved Lot assessment. Maximum can be increased by vote. (Article XXXVI)

Special assessments

May levy on improved Lots only for capital improvements, requires 2/3 vote of improved Lot owners voting at meeting (Article XXXVI)

Collections & liens

Assessment lien is a continuing lien on the Lot; Association may foreclose nonjudicially (Article XXXVI - 'may foreclose the lien )

Reserves & fees

Interest at 18% per annum from date of delinquency (Article XXXVI - 'assessments not paid wi)

Pets

Yes, household pets only, no commercial breeding (Article XVI)

Leasing & rentals

Not explicitly addressed; only signs for rent allowed. No restriction on leasing found. (Article XI (sign for rent))

Parking & vehicles

Off-street parking required; no on-street parking of certain vehicles; no work/commercial vehicles visible from front (Articles XIV, XXIV)

Architectural approval

Yes, all plans and specifications for buildings, fences, structures must be approved by ACC (Article IV)

Home business

Prohibited - any business, commercial, professional uses excluded (Article III)

Signs & flags

One professional sign of not more than 9 sq ft for sale/rent; developer signs permitted; ACC controls all signs (Article XI)

Setbacks / home size

Front and rear setback minimum 20' (but plat allows 16' front setback except garages need 20'); side yard minimum 5' each side (Article XXVII)

Use restrictions

Yes, with exceptions for builder sales offices and model homes (Article III)

Voting & meetings

Two classes: Class A (owners except Declarant) - 1 vote per Lot; Class B (Declarant and Builder Members) - 3 votes per Lot, converts to Class A when Class A votes equal Class B or on Jan 1, 2014 (Article XXXV)

Amendments

By written instrument executed by 75% of Lot Owners; prior to Jan 1, 2014, also requires Declarant approval and recording; Declarant may amend without others to correct errors/ambiguities (Article XXXII)

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