Abbey at Coffee Creek

Key facts from Abbey at Coffee Creek's documents

Community type

Covenant / Planned Community

Developer / declarant

SACC Investments - Abbey Place LLC, an Oklahoma limited liability company; SH Townhomes, LLC, an Oklahoma limited liability company (Page 1: 'by SACC Investments - Abbey Pla)

Governing law

Oklahoma law (Article VIII, Section 8: 'governed by an)

Assessments & dues

Monthly General Assessment levied by Board based on estimated expenses (Article V, Section 3: 'Assessment is lev)

Special assessments

Allowed for capital improvements or non-recurring costs; after Turnover Date requires affirmative vote of one-half of Class A Members present in person or by proxy (Article V, Section 5)

Reserves & fees

Capital Expenditure Reserve Assessment to fund Reserve Account for future capital expenditures (Article V, Section 4)

Leasing & rentals

Not less than 30 consecutive days (Article VI, Section (t): 'No Lot may be )

Architectural approval

Yes, for any structure, fence, wall, paving, landscaping, exterior lighting, antennae, windows, doors, etc. (Article VI, Section 1: 'no structure, fe)

Setbacks / home size

Front: 12 ft (main structure), garage face: 25 ft; Side (corner): 10 ft; Side (interior): 5 ft (Article VI, Section 1(e))

Maintenance

Owner responsible for all maintenance and repairs of building roofs, and replacement due to casualty or if roof is over 25 years old or in disrepair (Article IV, Section 3(a) and (b))

Insurance

Homeowner's insurance covering structures, fencing, personal property at full replacement cost; personal liability coverage minimum $100,000 (Article VI, Section (bb))

Voting & meetings

Class A: one vote per Lot; Class B: Declarants, up to 1,000 votes. Prior to Turnover Date, all voting rights vest in Declarants (Article III, Section 2)

Amendments

Before conversion to Class A membership, Declarants may amend; after conversion, amendment requires vote of Owners of not less than 51% of Lots; must be recorded (Article VIII, Section 7)

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