Fairway Park I

Key facts from Fairway Park I's documents

Reflects the 2016 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (planned residential community) (page 5: "Fairway Park (design) is a home)

Legal name

Fairway Park Community

Developer / declarant

Ken Chambers (agent for K. C. Development, LLC?) (page 7 definition 2.9 "Ken Cham"; page 4)

Governing law

Oklahoma law generally; Oklahoma Unit Ownership Estate Act referenced for condominiums only (Section 2.8 "Condominium" references 60 )

Special assessments

Requires vote of more than 50% of total votes and Class B consent (Section 8.3: "affirmative vote or consen)

Collections & liens

Association has lien for assessments and may foreclose (Section 8.7: "All assessments and other )

Reserves & fees

Budget may include reserves; Section 8.2 requires reserve budgets for specific accounts (Section 8.2: "Reserve budgets for, respe)

Pets

Yes, dogs, cats, usual household pets; no livestock/poultry (Exhibit C 2.2: "raising, breeding, or ke)

Leasing & rentals

Leasing permitted but Association may require consent and limit lease term to up to 12 months (Section 3.3(6): "may prohibit leasing or)

Parking & vehicles

Commercial vehicles, equipment, recreational vehicles, golf carts, boats, watercraft, trailers, inoperable vehicles must be stored in enclosed garages (Exhibit C 2.1: "parking of commercial ve)

Fences

Fences are modifications requiring approval; no specific standards (Section 4.3 list includes "fences, scree)

Architectural approval

Yes, for all new construction and modifications; Design Review Board (DRB) has primary jurisdiction (Section 4.2: "DRB shall have exclusive o)

Home business

Not prohibited but must be consistent with residential use; rules may restrict activities that create monetary costs, excessive noise, unsightly conditions (Section 3.3(5): "may prohibit any activi)

Signs & flags

Political signs allowed with time/place/manner restrictions; religious/holiday signs allowed inside, with possible time/place/manner restrictions if visible outside (Section 10.3(2): "rights of Owners to di)

Use restrictions

Fairway Park shall be used only for residential purposes (except incidental business offices, information center, etc.) (Exhibit C Section 1: "Fairway Park shall)

Voting & meetings

Class A: one vote per Unit; Class B: Declarant has weighted rights (Section 6.3(1): "Class 'A' Members shall)

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