Kelly Lakes Estates III

Key facts from Kelly Lakes Estates III's documents

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

Community type

Covenant / Planned Community

Legal name

Kelly Lakes Estates III Association, Inc.

Developer / declarant

Kelly Lakes Development, L.L.C.

Governing law

Oklahoma law (Implicit in document context)

Assessments & dues

$400.00 annually after title transfers (Section 4.3, Page 3)

Special assessments

Allowed for defraying costs of construction, unexpected repair, or replacement of capital improvements in common areas, by vote of members (Section 4.5, Page 5)

Collections & liens

Delinquent assessments become a continuing lien on the property, subordinate to prior mortgages; personal obligation remains with owner; Association may enforce via foreclosure (Section 4.11, Page 7)

Pets

Yes, dogs, cats, and household pets may be kept, provided not bred or maintained for commercial purpose (Section 8.6(d), Page 13)

Parking & vehicles

No junk cars will be permitted (Section 8.6, Page 13)

Architectural approval

Yes, written consent of Architectural Committee required for alterations or changes to recorded building lines, and for roof material (Section 8.2, Page 12)

Home business

No business, professional, or commercial activity of any kind, except public utility services (Section 8.3, Page 12)

Signs & flags

No sign of any kind except professional sign not more than 5 square feet per side advertising property for sale or rent, or signs used by Declarant/builder during construction and sales period (Section 8.6(e), Page 13)

Use restrictions

Lots reserved exclusively for single family residential sites; no structures other than single family dwellings (Section 8.2, Page 12)

Voting & meetings

Each lot owner entitled to vote; Declarant has three votes for each unimproved lot owned (Section 2.4, Page 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.