The Oaks 3rd

Key facts from The Oaks 3rd's documents

Reflects the 1994 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

homeowners_association (Article 1 definitions (Association, Comm)

Legal name

The Oaks III Addition

Developer / declarant

Earl Austin Construction Co.

Assessments & dues

Board of Directors determines estimated aggregate assessments each calendar year (Article 13.2 'Assessment')

Special assessments

Allowed for capital improvements, unexpected repairs, replacement, as determined by Board (Article 13.3 'Assessment for Capital Imp)

Collections & liens

Unpaid assessments constitute a lien on the lot, prior except for taxes, prior recorded mortgages, mechanic's liens. Foreclosure in like manner as mortgage. Court costs and attorney's fees included. (Article 15 'Assessment Lien; Priority; E)

Reserves & fees

Reserves for periodic maintenance, repair, replacement of Common Elements shall be maintained out of Common Expenses (no specifics) (Article 14.3 'Reserves and Working Capit)

Pets

Yes, only household pets (Article 4.15 'Household Pets, Care and R)

Parking & vehicles

Prohibited on Common Elements, Lots, or public streets without prior written approval (Article 4.7)

Architectural approval

Yes, for all exterior improvements, changes, and structures (including fences, buildings, etc.) (Article 4.14)

Maintenance

Owner responsible for Lot; Association responsible for Common Elements (Articles 8 and 9)

Insurance

Association may obtain hazard and liability insurance for Common Elements when available (Article 18 'Insurance')

Use restrictions

Single family residence purposes only (Article 4.1 'Residential Purpose')

Amendments

80% of aggregate ownership interest of Common Elements must consent and agree via recorded instrument; Declarant reserves right to record Special Amendment to comply with governmental agencies or to further financing (Articles 12 and 24.9)

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