Woodbridge at the Trails

Key facts from Woodbridge at the Trails's documents

Community type

Covenant / Planned Community

Legal name

Woodbridge At The Trails

Developer / declarant

Dale Case Development, Ltd., an Oklahoma limited partnership, by Dale E. Case, its agent (Preamble, page 7, and signatures, page 3)

Governing law

Oklahoma 60 O.S. 1971, §§851-855, as amended (Preamble, page 7)

Assessments & dues

Board estimates annual assessment each year during last month of calendar year, may adjust up to twice per year if necessary (Article IX, Section 3(e), page 21)

Special assessments

Allowed with assent of majority of Owners and mortgagees voting in person or by proxy at a meeting duly called; written notice 15-30 days in advance (Article IX, Section 4, page 21-22)

Collections & liens

Association has lien on unit for unpaid assessments, effective upon recording notice. Lien subordinate to recorded first mortgage. Foreclosure as per Oklahoma mortgage foreclosure laws. Association may collect rents and take possession duri (Article IX, Section 6(b), pages 22-23)

Reserves & fees

Association shall establish and maintain a cash reserve and sinking fund for deferred maintenance, replacement, and repair of common elements (Article IX, Section 2, page 21; By-Laws )

Pets

Yes, dogs, cats, or other household pets, not for commercial purpose, subject to rules and ordinances (Article V, Section 8, page 14)

Leasing & rentals

Yes, Owner may lease entire Dwelling Unit only, not portions, for single family residential use. Lease must be in writing and subject to Declaration and Rules. (Article III, Section 'Lease of Dwelling )

Parking & vehicles

Included as recreational vehicles (motor homes, campers, trailers) – prohibited on Common Area without permission (Article V, Section 12, page 15)

Architectural approval

Approval of Architectural Control Committee required for any residence, building, wall, awning, fence, including changes in color, and interior structural changes (Article VI, Section 1, page 16)

Use restrictions

All properties shall be used for residential purposes, single family residences (Article V, Section 1, page 13)

Voting & meetings

One vote per Dwelling Unit for Class A members (all owners except Declarant). Class B (Declarant) has 3 votes per unit owned. Class B converts to Class A upon earlier of: Class A votes exceed Class B, or Jan 1, 1984. (Article VIII, Section 4, pages 19-20)

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