Magnolia Ridge

Key facts from Magnolia Ridge's documents

Reflects the 2014 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Magnolia Ridge Homeowners’ Association, Inc. (Section 1.1)

Legal name

Magnolia Ridge Homeowners’ Association, Inc.

Developer / declarant

Magnolia Ridge LLC (Section 1.5)

Governing law

60 O.S. ss 851 (Oklahoma Real Estate Development Act) (Section 1.9)

Assessments & dues

Board of Directors may from time to time make reasonable adjustments and may adjust frequency of payments (Section 14.1)

Special assessments

Board of Directors may levy a special assessment for reconstruction, unexpected cost, repair, or replacement of a capital improvement (Section 14.1)

Reserves & fees

late charges as allowed by the Bylaws of the Association (Section 14.2)

Pets

Dogs, cats or other household pets may be kept, provided not for commercial purpose and do not create a nuisance (Section 4.4 (implied after no livestock))

Parking & vehicles

No inoperable, unlicensed or junk vehicles shall be parked on any Lot or Common Element (Section 4.6)

Architectural approval

No building, fence, wall, or other structure shall be erected, placed, or altered on any Lot until plans and specifications are approved in writing by the ACC (Section 4.17 and 4.18)

Signs & flags

No signs or billboards exceeding six (6) square feet in area without prior written consent of Association; exception for Declarant (Section 4.5)

Setbacks / home size

Minimum 2200 square feet of floor space (Section 4.17.3)

Use restrictions

No building shall be used for any purpose other than for single-family residential purposes except the Declarant (Section 4.1)

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