Bear Ridge

Key facts from Bear Ridge's documents

Community type

Covenant / Planned Community

Legal name

Bear Ridge Homeowners Association

Developer / declarant

Bear Ridge, Inc., an Oklahoma Corporation (First paragraph)

Assessments & dues

Initial maximum: Class A Member $ (blank), Class B Member $0 (Article VI, Section 3)

Special assessments

Levyable for capital improvements with assent of at least two-thirds (2/3) of members of such class at a duly called meeting (Article VI, Section 4)

Collections & liens

Assessments create a continuing lien on the property, paramount to all other liens except taxes and prior mortgages; personal obligation for delinquent assessments does not pass to successors; lien continues; Association may bring action to (Article VI, Sections 1, 7, 8)

Fences

Common area fences: any fence on a lot that abuts or borders any common area or right of way; Association fences: any fence erected or placed on common area (Article I Definition of Fences)

Use restrictions

Dwelling Unit defined as portion of a building designed for use and occupancy as a residence by a single family (Article I Definition of Dwelling Unit)

Voting & meetings

Two classes: Class A (all owners of lots, one vote per lot, multiple owners determine among themselves, no more than one vote per lot); Class B (Declarant, with multiple votes per lot as determined by themselves, but no more than one vote p (Article IV, Sections 2 and 3)

Amendments

Requires vote of three-quarters (3/4) of voting membership of both Class A and Class B, under voting procedure set forth; Declarant also has right to record Supplementary Declaration to annex additional property or for mortgagee/governmenta (Article XI Section 1 (page 10-11))

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