Black Oak at Iron Horse Ranch

Key facts from Black Oak at Iron Horse Ranch's documents

Reflects the 2015 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Developer / declarant

Centennial at Iron Horse Ranch (implied) (Page 9 reference to 'the Declarant, and )

Governing law

60 O.S. §851 et seq. (Section 1.1)

Assessments & dues

$700.00 annually (Exhibit E)

Special assessments

Requires affirmative vote or written consent of Members representing more than 50% of total allocated votes, unless emergency? (See Section 8.5) (Section 8.5)

Collections & liens

Assessments are a personal obligation of Owner and a lien upon the Lot until paid; Association may sue without foreclosing lien (Section 8.6)

Reserves & fees

Budget shall include amounts to reserve fund (Section 8.2)

Pets

Yes, reasonable number of dogs, cats, other customary household pets permitted in a Lot (Exhibit C Section 2.2)

Leasing & rentals

Yes, but subject to limitations; not more than 10% of total Lots may be leased; Owner must occupy as principal residence unless they certify otherwise; lessee must agree to Governing Documents (Exhibit C Paragraph 4)

Parking & vehicles

Prohibited from parking (Exhibit C Section 2.1)

Fences

Fences allowed only in back yards, must be no closer to street than building set back line, require prior DRB approval (Exhibit F Section 4.10)

Architectural approval

Yes, Design Review Board (DRB) has exclusive jurisdiction over all new construction and modifications (Section 4.2)

Home business

Permitted if not apparent from outside, conforms to laws, no customer visits, no sign, no employees, no deliveries altering character (Exhibit C Section 2.17)

Signs & flags

Real estate signs allowed: one sign per street frontage, max 3 sq ft, removed after sale; Open House signs limited to six on Owner's lot. All other signs require prior written DRB consent. (Exhibit C Section 2.24 and Exhibit F Sec)

Setbacks / home size

All improvements must comply with set-back lines on approved Plat (Exhibit F Section 4.2)

Use restrictions

Black Oak shall be used only for residential and sales (including information center) consistent with Declaration (Exhibit C Section 1)

Voting & meetings

Two classes of membership: Class A (all Owners after termination of Class B) and Class B (Declarant). One vote per Lot. (Section 6.3)

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