Brookline Commons

Key facts from Brookline Commons's documents

Community type

Condominium

Legal name

Association, Inc.

Developer / declarant

Vintage Builders, L.L.C., an Oklahoma limited liability company (Declarant means Vintage Builders, L... ()

Governing law

Oklahoma Unit Ownership Estate Act, 60 Okla. Stat. Section 601 et seq. (Ship Estate Act, 60 Okla. Stat. Section )

Assessments & dues

Board fixes monthly assessments based on estimated expenses plus reserve requirement (Article XV: 'The total for all Units for)

Special assessments

Emergency assessment allowed if funds inadequate (Article XV: 'may levy an emergency asses)

Collections & liens

Unpaid assessments constitute a lien on the unit; may be foreclosed by suit (Article XV: 'shall constitute a lien... )

Reserves & fees

Reserve fund for repair and replacement of Common Elements (Article XV: 'set aside during the fiscal)

Home business

Prohibited (Article VII: 'No trade or other non-resi)

Use restrictions

Units shall be occupied only by a single family; no trade or non-residential activity (Article VII: 'Use as single family. Unit)

Voting & meetings

Each unit has one vote; voting in proportion to interest in Common Elements (Exhibit D (votes=1) and Bylaws: 'in prop)

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