Lone Oak Lakes

Key facts from Lone Oak Lakes's documents

Reflects the 2008 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Developer / declarant

ORS Properties, an Oklahoma limited liability company

Assessments & dues

Not fixed; Board may fix annual assessment sufficient to constitute a budget (Article VI, Section 2, Page 11)

Collections & liens

Any assessment is a charge on the Lot and a personal obligation; Association may foreclose the lien if unpaid (Article VI, Section 1 and Section 8, Pag)

Reserves & fees

Interest at 18% per annum from due date until paid, and costs of collection including reasonable attorney's fees (Article VI, Section 1, Page 10-11)

Pets

Yes, but not for commercial purposes, must be kept within a fenced area or on a leash, not permitted to run free (Article VIII, Section 1.8, Page 16)

Parking & vehicles

Commercial vehicles shall not be parked on any street or Lot longer than is necessary for loading/unloading (Article VIII, Section 1.11, Page 16)

Fences

All property perimeter fences facing any street shall have the facing side of the fence facing the street; no chain link fencing allowed; fencing on lots with rear exposure to common areas requires approval (Article VIII, Section 1, Page 15)

Setbacks / home size

Dwelling house area, exclusive of one story garage, not less than 1800 square feet (Article VIII, Section 1.5, Page 16)

Use restrictions

Used for single family residence purposes only (Article VIII, Section 1, Page 14-15)

Voting & meetings

Class A (each Lot owner, one vote per Lot owned); Class B (Declarant, multiple votes per Lot owned until conversion to Class A) (Article III, Page 5-6)

Amendments

Not detailed in provided text; references to modifications, but no specific procedure extracted (General context, but not explicit)

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