Ponderosa Estates (OK)

Key facts from Ponderosa Estates (OK)'s documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Developer / declarant

PONDEROSA ESTATES; LLC.

Governing law

Interpretation and enforcement governed by laws of the State of Oklahoma (Page 13, Section 12)

Assessments & dues

$225 per Lot (Page 7, Section 2)

Special assessments

Applicable only to Improved Lots; recommended by Board and approved by majority vote of Improved Lots; if assessment exceeds maximum regular assessment, requires two-thirds vote of Improved Lots; applicable to not more than three calendar y (Page 7-8, Section 5)

Collections & liens

Association has a lien with power of sale on each Lot for unpaid assessments; lien may be foreclosed (Page 7, Section 1; Page 8, Section 12)

Reserves & fees

Interest and costs of collection (specific rate not stated) (Page 8, Section 9)

Architectural approval

Deviations from specified exterior materials, roof types, fence types and other items must be approved in advance and in writing by the Developer (or later Association) (Page 1, Section 5; Page 2, Section 5; Pa)

Setbacks / home size

Front building line and side street building line as shown on plat; side setback minimum 5 feet from side property line (except with prior written approval) (Page 2, Sections 6 & 10)

Use restrictions

Lots shall be used for residence purposes only (Page 1, Section 1)

Voting & meetings

Each Owner of a Lot is a member and has one vote (Page 6, Section 1 & Section 4)

Amendments

Articles and By-Laws may not be amended or interpreted inconsistently with this Declaration (Page 5, Section 1)

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