Treadwell Hills

Key facts from Treadwell Hills's documents

Reflects the 1982 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Unit Ownership Estate) (Recitals; Section 1.5)

Units / lots

20 (inferred from 75% = 15 units in Section 16) (Section 16: "seventy-five percent (75%) )

Developer / declarant

Dale Brown Building Co., Inc., an Oklahoma corporation (Recitals; Section 1.6)

Governing law

Oklahoma Unit Ownership Estate Act (Recitals)

Assessments & dues

Determined annually by Board based on estimated Common Expenses (Section 18.1)

Special assessments

Allowed for capital improvements, major repairs, etc., with majority assent of Owners (Section 18.2)

Collections & liens

Unpaid assessments become a lien on the Unit, prior to all other encumbrances except taxes, etc. Association may foreclose in like manner as a mortgage (Section 19.3, 19.4)

Reserves & fees

Capital reserve fund for maintenance, repair, replacement of Common Elements; funded from regular assessments (Section 18.3; By-Laws Section 5.2.3)

Pets

Yes, household pets only; not obnoxious or dangerous (Section 8)

Leasing & rentals

Yes, subject to written agreement containing restrictions of Declaration and By-Laws; rentals must not provide customary hotel services (Section 7)

Architectural approval

Yes, for any building, fence, wall, or other improvement; plans must be submitted to Architectural Control Committee (By-Laws Section 13.4.1)

Maintenance

Owner maintains Unit interior and Limited Common Elements; Association maintains Common Elements (Sections 12, 14)

Insurance

Master Policy covering Common Elements (buildings, fixtures) against fire, lightning, vandalism, etc.; comprehensive general liability minimum $1,000,000 per occurrence (Section 23.1, 23.4)

Use restrictions

Units shall be used only as single family residences; no trade, business, or profession (Section 7)

Voting & meetings

Each Owner entitled to vote in proportion to their undivided interest in Common Elements (By-Laws Section 2.2)

Amendments

Amendment affecting units or undivided interests requires unanimous consent of all Owners. Other amendments require 80% of Common Element interest and 80% of first mortgage holders (if applicable) (Section 17)

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