Edgewater (OK)

Key facts from Edgewater (OK)'s documents

Community type

Condominium (Unit Ownership Estate) (Title: GILL TRU-MIKE CONDOMINIUM, a Unit)

Units / lots

2 (at least) (Exhibit 'C' (partial): Unit 6500 and Uni)

Developer / declarant

GILL and TRU-MIKE CORPORATION

Governing law

Oklahoma Unit Ownership Estate Act, 60 Okla. Stat. Section 601 et seq. (Recital 3)

Assessments & dues

Not set in document; initial monthly assessment to be set by Board after first election (Article XIII, Section 2(a))

Special assessments

Emergency assessments allowed if current assessment inadequate; due within written notice (Article XIII, Section 3)

Reserves & fees

4% of delinquent assessment if unpaid within 5 days of delinquency date (Article XIII, Section 7: 'late charge of)

Maintenance

Association; roof included in Common Elements (Article I, Section 3(b): 'roofs' part of)

Insurance

Council may select deductible provisions (Article X, Section 2)

Use restrictions

Yes; each unit intended for single family residence (Article IX, Section 1)

Voting & meetings

Each Unit entitled to equal representation; one vote per Unit; joint owner disputes void if more than one vote cast per unit (Article XII, Sections 1, 2, 3)

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