Iron Creek

Key facts from Iron Creek's documents

Reflects the 2015 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Governing law

Oklahoma law (including Oklahoma Statutes Title 57 for sex offender restrictions, and general property law) (Sections 3.5, 8.7, 8.8)

Assessments & dues

Board adopts annual budget and levies Base Assessment proportionally based on the formula in Exhibit E (not provided). Special Assessments require >50% of votes and Class B consent. (Sections 8.1, 8.3, Exhibit E reference)

Special assessments

Allowed for unbudgeted or excess expenses; requires consent of >50% of votes and Class B Member; payable in installments. (Section 8.3, p.24)

Collections & liens

Yes, a lien secures unpaid assessments and other charges; superior except as provided by Oklahoma law; foreclosure allowed; Association may acquire Lot at foreclosure. (Section 8.8, p.26)

Reserves & fees

Yes, budget shall reflect contributions to a reserve fund (Section 8.2) (Section 8.2, p.23)

Pets

Yes, reasonable number of usual and common household pets allowed; no riding animals, livestock, or poultry. (Exhibit C Section 2.2)

Leasing & rentals

Yes, with restrictions. (Section 3.2(5), p.10)

Parking & vehicles

Not explicitly permitted; likely restricted as parking on public streets may be regulated by city ordinances.

Fences

Fences require DRB approval; there is a separate easement for screening and fencing (Section 11.8). (Section 4.1 (fences listed as modificati)

Architectural approval

Yes, Design Review Board (DRB) oversees design review; ARC may be established for modifications. (Section 4.1, p.42)

Home business

Permitted if no external evidence, conforms to zoning, no door-to-door solicitation, no excessive traffic, and other conditions; prohibition does not apply to Declarant or Builders. (Exhibit C, Section 2.17)

Signs & flags

Generally prohibited except for specific antennae (≤1 meter), political signs (time/place/manner regulated), and permitted by Declarant/Association; signs must comply with Design Review Guidelines. (Exhibit C Sections 2.22, 2.22.2; Section)

Maintenance

Owner responsible (since owner maintains improvements on Lot). (Section 5.1)

Insurance

Association shall obtain insurance for Common Area and liability as determined by Board. (Section 7.3.1, p.18)

Use restrictions

Yes, except for certain Declarant/Builder activities and limited home businesses. (Exhibit C, Section 1: used only for resi)

Voting & meetings

Two classes: Class A (all Owners except Declarant) and Class B (Declarant). Class B has additional voting rights during control period. (Section 6.3, p.17)

Amendments

Declarant may unilaterally amend for certain purposes (mortgage requirements, government approvals) without membership consent; otherwise requires 75% of Class A votes plus Declarant consent (as long as Declarant owns property subject to De (Section 17.1 and 17.2, p.39)

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