Chisholm Equine Estates

Key facts from Chisholm Equine Estates's documents

Reflects the 2011 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Chisholm Equine Estates Community Association, Inc.

Developer / declarant

Revocable Trust

Governing law

60 O.S. §859 (Oklahoma Uniform Common Interest Ownership Act) (Section 1 (preamble))

Assessments & dues

Base Assessment $1,500 per Lot per year (Exhibit E). (Exhibit E)

Special assessments

Permitted for Common Expenses; levied equally per Lot. (Section 8.3)

Collections & liens

Association has lien on each Lot for unpaid assessments; superior to all liens except those superior by law; may foreclose and bid at sale. (Section 8.7)

Reserves & fees

Board shall prepare and review at least annually a reserve budget for replacement of Common Area. (Section 8.2)

Pets

Pets allowed; up to six chickens may be kept in proper confinement; no commercial breeding; no savage/dangerous animals. (Exhibit C, Section 2.2)

Leasing & rentals

Leasing of Lots permitted; lease must be in writing and Owner shall provide copy to Association upon request. (Exhibit C, Section 4)

Parking & vehicles

Boats, trailers, RVs may be kept on Lot if screened from view and not used as temporary residence. (Exhibit C, Section 3.6)

Fences

No fence shall extend beyond the front building line unless approved by ARC; all fencing materials must be approved. (Design Guidelines 4.14)

Architectural approval

ARC approval required for all new construction and Modifications (including sheds, fences, paint, etc.). (Section 4 and Design Guidelines 2.2)

Solar & roof

All solar devices must receive prior ARC approval. (Design Guidelines 4.37)

Home business

Home occupations permitted if conducted entirely within Dwelling Unit, no external evidence, no traffic or nuisance. (Exhibit C, Section 2.17)

Signs & flags

No sign shall be placed on any Lot without prior ARC approval; except political signs allowed 30 days before election and removed within 10 days after. (Exhibit C, Section 2.12 and Design Guide)

Setbacks / home size

No building within 30 ft of side lot line, no building within 25 ft of rear lot line; front setback not specified. (Exhibit F, Specific Design Standards (Bu)

Use restrictions

Property shall be used only for residential and related purposes. (Exhibit C, Section 1)

Voting & meetings

Two classes: Class 'A' (all Owners except Declarant) and Class 'B' (Declarant and its assigns); Class A entitled to one vote per Lot; Class B votes as specified in Section 9.1; during Class B Control Period, Class B may exercise additional (Section 6 (Membership, Classes of Member)

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