The Oaks to Edmond

Key facts from The Oaks to Edmond's documents

Reflects the 1986 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Governing law

Oklahoma Real Estate Development Act (Title 11, 1971, §§851-855, as amended) (Recitals, PAGE 11)

Assessments & dues

Board of Directors determines annual assessments for Common Expenses. Initial assessments may be set by Declarant. (By-Laws 4.3.7, Declaration 15)

Special assessments

May be levied by Board upon majority vote of Owners (at a meeting with at least 10 days' notice) for capital improvements, reconstruction, etc. (Declaration 15.8, PAGE 26)

Collections & liens

Unpaid assessments constitute a lien on the Unit. Lien may be perfected by recording a notice of assessment lien with the county clerk. Enforcement by foreclosure in like manner as a mortgage. (Declaration 17, PAGE 27-28)

Reserves & fees

Association shall maintain an adequate reserve fund for repair, replacement, and deferred maintenance of Common Elements. Working capital fund also maintained. (Declaration 16.4, PAGE 26)

Pets

Allowed: dogs, cats, or other usual household pets. Limit: no more than two (2) per Unit. If animal becomes obnoxious, owner must remove upon notice. (Schedule A Rule 6)

Leasing & rentals

Yes, for residential purposes only. Written lease required. No transient or hotel use. Minimum lease term of 30 days (rental under 30 days is transient). (Declaration 3.2, PAGE 17)

Parking & vehicles

Prohibited unless in garage or designated area. (Declaration 4.9, PAGE 18)

Architectural approval

Yes, for any building, fence, wall, or other structure, or exterior alteration. Plans and specifications must be submitted to Architectural Control Committee (ACC) and Oak Tree Home Owners Association ACC. (By-Laws 13.4.1, 11.7)

Use restrictions

Units shall be used for single-family residence purposes only. No transient or hotel use. (Declaration 3.2, PAGE 17)

Voting & meetings

Each Unit entitled to one vote. If multiple owners, they must designate one voter. (By-Laws 2.2)

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