Sweetwater

Key facts from Sweetwater's documents

Reflects the 2009 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Residential Subdivision (WHEREAS: developed as a residential subd)

Developer / declarant

Sweetwater Development, LLC (by SWEETWATER DEVELOPMENT, LLC (page 3))

Governing law

Oklahoma law (existing under and by virtue of the laws)

Assessments & dues

Maximum $2,000 per Lot for Class A and Class B Members. (Article VII Section 3: maximum annual as)

Special assessments

May be levied for capital improvements with consent of at least one-half of members; maximum not to exceed three times annual dues. (Article VII Section 6)

Collections & liens

Assessments are a charge on the land, a continuing lien, superior to homestead, may be foreclosed as a mortgage or deed of trust. (Article VII Sections 1,10,11)

Reserves & fees

$50 per month (Article VII Section 10: plus a late fee )

Fences

Fences defined as Adjoining, Common Area, and Association Fences; placement subject to architectural approval. (Article I definition of Fences; Article )

Architectural approval

No structure, alteration, landscaping, or improvement without prior written approval of Declarant or ARC. (Article IX Section 1)

Use restrictions

No Lot shall be used except for single-family residence purposes. No business, store, gas station, flat, duplex, garage apartment. Exceptions for Declarant's model homes and sales offices. (Article VIII Section 1)

Voting & meetings

Two classes: Class A (owner of Lot, one vote per Lot); Class B (Declarant, three votes per Lot until termination). Home builders have same voting as Class A. (Article VI, Section 1 and 2; Article VII)

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