Kelly Lakes Estates II

Key facts from Kelly Lakes Estates II's documents

Reflects the 2013 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Kelly Estates Association, Inc.

Developer / declarant

Kelly Lakes Development, L.L.C. (Section 1.12: "Declarant" shall mean Kel)

Governing law

Oklahoma Statutes Title 60, Section 851 et seq. (PURSUANT TO TITLE 60, SECTION 851, ET SE)

Assessments & dues

$200.00 annually after occupancy; none annually for Declarant until lots improved/sold (Section 4.3: "initial annual assessment )

Collections & liens

Assessments are a continuing lien on property; personal obligation for 5 years; Association may file notice of lien with county clerk ($200.00 filing fee) and bring action to foreclose; costs and reasonable attorney's fees added (Section 4.7 and 4.11: "charge on the lan)

Reserves & fees

Interest at 5% per annum from date of delinquency (Section 4.7: "assessment shall bear inte)

Pets

Dogs, cats, and household pets may be kept, provided not kept, bred, or maintained for any commercial purpose (Section 8.8: "dogs, cats, and household )

Use restrictions

All lots reserved exclusively for use as single-family residential sites (Section 8.2: "All of the lots ... shall )

Voting & meetings

Each lot entitled to one vote; joint owners must determine how vote is exercised (Section 2.1: "When more than one person )

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