Parkway Square

Key facts from Parkway Square's documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Developer / declarant

Lennar Homes of Oklahoma, LLC (Recitals, Page 7)

Governing law

Oklahoma law (implied by county and choice of law in Section 14.14) (Section 14.14, Page 55)

Assessments & dues

Board prepares annual budget and levies Regular Assessments based on budget (Section 6.3, Page 37)

Special assessments

Permitted; levied by Board for unanticipated expenses (Section 6.5, Page 38)

Collections & liens

Assessment Lien attaches automatically upon delinquency; foreclosure permitted after notice and opportunity to cure (Section 6.11, Pages 39-40)

Reserves & fees

Late charges may be imposed by Board; amount set by Board (Section 6.8, Page 39)

Pets

yes, usual domestic pets (Section 2.11, Page 16)

Leasing & rentals

Rentals permitted, but subject to restrictions (Section 2.6) and lease terms may be regulated; text excerpt not fully clear. (Section 2.6, Page 15 (Rentals and Leases)

Parking & vehicles

Not explicitly mentioned; but parking on roadways likely restricted (Section 2.21, Page 21 (vehicles without )

Fences

Fences require ACC Approval; must be of permanent, long-lasting materials, harmonious with residence; wood, chain link, agricultural fences prohibited (Section 3.4, Page 23) (Section 3.4, Pages 23, 17)

Architectural approval

yes, for any construction, improvement, alteration, modification, or remodeling on a Lot (Section 7.1, Page 42)

Home business

Permitted under conditions (no customers, no signs, no nuisance, etc.) (Section 2.3, Pages 14-15)

Signs & flags

Detailed rules: one temporary "For Sale" sign (max 4 ft, professional, removed 2 days after sale); candidate/measure signs 90 days before and 10 days after election; "For Lease" and "For Rent" signs prohibited; one 'no soliciting' or 'secur (Section 2.16, Pages 19-20)

Setbacks / home size

Buildings must be within minimum building setback lines shown on Plat (Section 3.3, Page 24); no construction on utility easements (Section 3.9, Page 24) (Section 3.3, Page 24; Section 3.9, Page )

Maintenance

Owner responsible for maintenance of Lot and improvements; Association responsible for Common Area (Article 2.13, Page 17; Article 11, Page 48) (Section 2.13, Page 17; Article 11, Page )

Insurance

Association may obtain and maintain insurance on Common Area and other insurable assets (Section 4.5 B, Page 29) (Section 4.5 B, Page 29)

Use restrictions

yes, single-family residences (Section 2.2, Page 14; Recitals)

Voting & meetings

Each Lot constitutes one Assessment Unit; each Owner has one vote per Lot owned; Declarant retains votes until Development Period ends (Section 4.4, Page 28; Section 4.4 A,B)

Amendments

Amendment requires approval by Declarant (until expiration/termination of Development Period) and by owners holding at least 67% of votes; quorum as per Bylaws (Section 14.1, Page 52) (Section 14.1, Page 52)

Amenities

Private Parks and Hike and Bike Trails (Section 4.13, Page 35); also drainage ponds (Section 2.27, Page 22) (Section 4.13, Page 35; Section 2.27, Pag)

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