Sutton Place Condominiums

Key facts from Sutton Place Condominiums's documents

Reflects the 1981 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Sutton Place Incorporated, an Oklahoma nonprofit corporation (Article I, Section 2, Page 1-2)

Developer / declarant

Sutton Place Investment Co., an Oklahoma corporation (Page 1, opening paragraph)

Governing law

Oklahoma Condominium Act, 60 Okla. Stat. Section 503(g) (1973) (Page 1, Recital 3)

Assessments & dues

Initial monthly assessment set by Board; amounts not specified in Declaration (Article XV, Section 2(a), Page 15)

Special assessments

Emergency assessments allowed if current expenses insufficient; may be levied by Board; if amount exceeds $100 per Unit Owner, must be approved by 75% of Unit Owners present at meeting called for that purpose, with written notice (Article XV, Section 2(e), Page 16)

Collections & liens

Any assessment not paid when due becomes a lien on the Unit and appurtenances; enforceable by suit in the name of the Association; Association may bid at foreclosure sale; unit owner remains personally liable for deficiencies; sale extingui (Article XV, Section 7(c)-(e), Page 17-18)

Reserves & fees

An amount set aside during fiscal year to provide a fund for maintenance, repair, or replacement of Common Elements (Reserve Fund Requirement) (Article XV, Section 2(a)(ii), Page 15)

Pets

Yes, but only one recognized house pet per Unit (implied), weighing less than [weight limit not stated]; must be kept within Unit; cannot be kept if objection of any Unit Owner; Board has sole discretion to require removal of any animal kep (Article IX, Section 3, Page 6-7)

Leasing & rentals

Not explicitly prohibited or addressed; leasehold interests mentioned for non-resident member rights (By-Laws Article V, Section 2 (Page 27) a)

Architectural approval

Board's written consent required for any improvements or changes to Common Elements, including awnings, shutters, electrical wiring that might protrude through exterior walls (Article XVI, Section 3, Page 19-20)

Maintenance

Roofs are part of Common Elements per Article I, Section 6(a) – Association responsible (Article I, Section 6(a), Page 2)

Insurance

Board may select deductible (Article X, Section 2, Page 8)

Voting & meetings

Each member entitled to representation in all affairs based on interest in Common Elements; each member may cast votes in proportion to interest; multiple owners of a unit must agree on vote or it is not counted (Article IV, Section 1 (Page 27) and Arti)

Amendments

Declaration may be amended by majority of Unit Owners at meeting; but changes relating to hazard, repair, replacement, reconstruction, or insurance require 75% consent of Unit Owners and Declarant; no amendment shall reduce Common Element i (Article VIII, Pages 5-6)

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