Glenbrook Park in Nichols Hills

Key facts from Glenbrook Park in Nichols Hills's documents

Reflects the 2013 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Developer / declarant

Glenbrook Park in Nichols, LLC

Governing law

60 O.S. §§ 851-856 (introductory paragraph)

Assessments & dues

The amount for the first year bears the same relationship to the annual assessment as the remaining number of days in the calendar year bear to twelve. (Article VI, annual assessment descriptio)

Special assessments

Yes, for capital improvements, reconstruction, repair or replacement ("Special Assessment, applicable for that)

Collections & liens

Unpaid assessments and unreimbursed costs become a lien on the Lot, subject to foreclosure ("be deemed to have assented to the forec)

Reserves & fees

Interest at twelve percent (12%) per annum and administrative expenses ("together with interest at twelve percen)

Pets

Yes, dogs, cats, or other household pets may be kept inside a dwelling (Section 11.1)

Architectural approval

Yes, Design Review Committee (DRC) approval required for any improvement, alteration, construction, placement, or maintenance on a Lot (Section 10.3)

Maintenance

Association maintains Common Areas including landscaping and structures; Owner maintains Lot and structures (Section 4.6 and 7.1)

Insurance

$1,000,000 liability coverage for any one accident (Article VIII: "coverage shall be $1,000,)

Voting & meetings

Two classes: Class A (all Owners except Declarant) and Class B (Declarant) (VOTING CLASSES OF MEMBERSHIP, 3.14)

Amendments

Declaration may be amended as lawfully made from time to time (definition (f) of Declaration)

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