Falling Springs

Key facts from Falling Springs's documents

Reflects the 2015 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Falling Springs Community Association, Inc.

Developer / declarant

D.R. Horton Texas, Ltd.

Governing law

Okla. Stat. Tit. 60, Section 1084 (Article 4, Section 4.12 (merger provisio)

Assessments & dues

Not a fixed amount; determined by Board annually based on budget (Section 6.03: 'Regular Assessments will )

Special assessments

May be levied when necessary for Board functions, including capital improvements. Amount at Board's discretion. (Section 6.04: 'Special Assessments are n)

Collections & liens

Unpaid assessments become a lien on the Lot, enforceable by foreclosure. Power of sale granted to Association. Lien attaches after 60 days delinquency. (Section 6.10: 'Assessment Lien and Forec)

Reserves & fees

Not explicitly mentioned; Maintenance Fund is established but no specific reserve requirement (Section 6.02: Maintenance Fund for all m)

Leasing & rentals

Yes (Section 2.09: 'Nothing in this Declarati)

Parking & vehicles

Not allowed for certain vehicles; general parking on roadways not prohibited but subject to Board rules (Section 2.21: 'no such vehicles shall be)

Fences

All fences and walls must comply with Applicable Law and be approved by ACC. Shared fences between Lots are 'Party Walls' with reciprocal easements; maintenance and repair shared equally. (Section 3.03: 'All fences and walls shal)

Architectural approval

Yes, for construction, exterior alterations, fences, walls, etc. (Article 7 and Section 3.01: 'No Improvem)

Home business

Permitted subject to conditions: no exterior sign, no noise or odor detectable outside, no door-to-door solicitation, no increased traffic, no machinery other than customary household, consistent with residential character, not a nuisance. (Section 2.03: conditions listed (i)-(v).)

Signs & flags

Only temporary real estate sale signs on Lot (one sign, not exceeding 6 sq ft, removed within 7 days after sale). For Lease/For Rent signs expressly prohibited. No other signs displayed to public view without ACC approval. (Section 2.18: 'No sign... except for one)

Setbacks / home size

Compliance with setbacks required, as determined by Plat and Applicable Law (Section 3.08: 'Compliance with Setbacks')

Use restrictions

Yes, each Lot shall be used for single-family residential purposes only (Section 2.03: 'All Lots shall be used an)

Voting & meetings

Each Lot has one vote, except Declarant has four additional votes until end of Development Period. (Section 4.03: 'Declarant will have four )

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