Chisholm Village

Key facts from Chisholm Village's documents

Reflects the 1984 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned Unit Development (Recitals and Section 1 - definitions)

Units / lots

93 lots (28 in Block1, 20 in Block2, 30 in Block3, 15 in Block4) plus additional property on Exhibit A-1 (Exhibit A - enumeration of lots)

Developer / declarant

Chisholm Village general partnership (composed of Carey Interests, Inc., an Oklahoma corporation, as general partner) (Recitals and acknowledgment - "Carey Int)

Governing law

Real Estate Development Act (Oklahoma) (Recitals - "subject to the provi- ... Es)

Assessments & dues

Not fixed; Board sets estimated Common Expenses annually and prorates among Owners based on percentage ownership interest in Common Elements. (Section 14.2 - "estimated Common Expense)

Special assessments

Allowed; a special assessment for capital improvements requires approval of Owners with 80% of voting interests in Common Elements (voting in person or by proxy at meeting with prior notice). (Section 14.3)

Collections & liens

Unpaid assessments (including fines, interest) constitute a lien on the Unit, prior except for taxes, first mortgages, etc. Lien may be foreclosed in like manner as a mortgage. Receiver may be appointed. (Section 16 - Lien for Common Expenses; S)

Reserves & fees

Board may establish reserves for deferred maintenance, replacement, and working capital. Initial operating reserve may be established. (Section 14.10 - "reserves and working ca)

Pets

Yes, only household pets; not kept for commercial purposes; must be kept so as not to be obnoxious or offensive. (Section 4.10 - Pets)

Leasing & rentals

Yes, but not for transient/hotel purposes; minimum lease term of thirty (30) days. (Section 4.1 - "not rented for transient )

Parking & vehicles

Recreational vehicles, motor homes prohibited on Common Elements without consent. (Section 4.13)

Fences

Fences require approval of Architectural Control Committee. (By-Laws Section 13.4 - "no building, fen)

Architectural approval

Architectural Control Committee approval required for any construction, alteration, improvement, fence, wall, or structure. Approval required for plans and specifications. (By-Laws Section 13.4 - Architectural Con)

Signs & flags

Not specifically addressed; likely subject to architectural control. No explicit sign prohibition found. (General architectural control (By-Laws 1)

Insurance

Association shall carry blanket insurance on Common Elements (100% replacement cost) including fire, extended coverage, vandalism, malicious mischief, flood, etc. Also public liability insurance ($1,000,000 per occurrence). (Section 18 - Flood Insurance; Special PU)

Use restrictions

Units shall be used only for single family residence purposes. No transient or hotel use (rental for less than 30 days prohibited). (Section 4.1 - "only for single family re)

Voting & meetings

Each Unit Owner has one vote per Unit owned, voting by owner or by proxy. (By-Laws Article 2 (membership and voting)

Amendments

Amendments require consent of 80% of Owners (and 80% of first mortgage holders who respond). Some amendments (like establishment of assessments) require unanimous consent of all Owners. (Section 28.9 - Special Amendment; Sectio)

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