Oak Lake Association, Inc.

What Oak Lake Association, Inc.'s governing documents say

This is a Declaration of Covenants, Conditions and Restrictions for Oak Lake Patio Homes, a residential community of attached single-family 'patio homes' (townhome-style) in Arlington, Texas. It creates an owners' association (Oak Lake Patio Homes, Inc.) that manages common areas, enforces rules, and provides exterior maintenance. The rules bind all lot owners, and leases must include provisions making renters subject to the declaration.

• What you own & maintain: You own your lot and the interior of your patio home; the association maintains the exterior of all homes, including roofs, gutters, exterior surfaces, and landscaping, but not glass surfaces, enclosed patios, fenced yards, window/door fixtures, air conditioning equipment, or owner-planted landscaping.
• Assessments & fees: The maximum annual assessment starts at $85 per lot, and can rise up to 120% per year without a vote. Any higher increase or special capital improvement assessment requires written approval from two-thirds of each voting class. There are also reserve and working capital funds, with a two-month working capital deposit collected at closing.
• Architectural review: No building, wall, or other structure may be erected or altered without prior written approval from the Board of Directors or an architectural committee. If no decision is made within 30 days, approval is presumed granted.
• Use restrictions: The property is restricted to residential use only. No commercial activities, temporary structures (trailers, tents, etc.), or signs are allowed except by the declarant during construction. Outdoor clotheslines, trash, and storage must be screened from view.
• Parking & vehicles: No parking spaces may be used for storing boats, trailers, campers, inoperable vehicles, or other unsightly items without association permission.
• Pets: Domestic animals are allowed but cannot be kept for any commercial purpose.
• Leasing & rentals: Any lease must be in writing and must state that the lease is subject to the declaration, bylaws, and articles of incorporation, with violations constituting default. Owners may delegate their common-area rights to tenants who reside on the property.
• Party walls: Walls built on lot dividing lines are party walls. Repair and maintenance costs are shared equally among owners who use them. If an owner's negligence causes damage, that owner bears the cost of weatherproofing.

Plain-language summary generated from the governing documents on file for this community. It may be incomplete and is not legal advice — read the full documents below or consult the official recorded versions.