Olde Mill

Key facts from Olde Mill's documents

Community type

residential planned community (Exhibit F Section 1.1: 'Olde Mill is a p)

Legal name

Olde Mill

Governing law

60 O.S. §851 et seq. (real estate owners association); 60 O.S. §501 et seq. (Condominium Act reference, but not a condominium) (Page 5: '501 et seq.' and '60 O.S. §851 )

Assessments & dues

$150.00 per Lot per year (initial Base Assessment) (Exhibit E: 'Lot $150.00/annua')

Special assessments

Requires affirmative vote of Members representing more than 51% of Class A votes (and Class B consent if exists) (Section 8.3)

Collections & liens

Assessments are a lien on the Lot, superior to all other liens except taxes; may be enforced by foreclosure (Section 8.7)

Reserves & fees

Budgeting for reserves required (Reserve Assessment) (Section 8.2)

Pets

Yes, reasonable number of dogs or usual household pets (Exhibit C Section 2.2)

Leasing & rentals

Yes, owner remains responsible for compliance (Section 11.3 (implied) and Bylaws Art. 3)

Parking & vehicles

Prohibited (including heavy equipment) (Exhibit C Section 2.1)

Fences

Requires prior DRB approval (Design Review Guidelines 4.15)

Architectural approval

Yes, Design Review Board (DRB) approval required for all new construction and modifications (Section 4.1 and Design Review Guidelines)

Home business

Business activity limited; no timesharing, fraction-sharing; no daycare; must not increase traffic or be visible (Exhibit C Section 2.14)

Signs & flags

Signs allowed subject to rules; real estate signs up to 6 sq ft; open house signs limited; garage sale signs allowed once per year; political signs limited; all others require DRB approval (Exhibit C Section 2.23 and Design Review)

Setbacks / home size

Must conform to City ordinance (Design Review Guidelines 3.3.3: 'yard an)

Maintenance

Owner responsible (as part of Lot maintenance) (Section 5.1)

Insurance

Association shall obtain property insurance on Common Area, liability insurance, fidelity insurance, and other insurance deemed advisable (Section 7.5)

Use restrictions

Each Dwelling for use and occupancy by a single family (Section 2.24: 'use and occupancy as a re)

Voting & meetings

One membership per Lot; Class A (owners) and Class B (Declarant) votes; Class B has weighted vote during control period (Section 6.3 and Bylaws Article 2.8)

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