Harvest Acres Condominium Association, Inc.

Key facts from Harvest Acres Condominium Association, Inc.'s documents

Community type

condominium as of 2015 ("Harvest Acres Condo Association" throug)

Legal name

Harvest Acres Condominium Association, Inc.

Developer / declarant

Highland Terrace Development, Ltd, a Texas limited partnership as of 2015 (Section 4.1 definition of Declarant)

Governing law

Texas Business Organizations Code (TBOC) and Uniform Condominium Act, Texas Property Code, Chapter 82 as of 2015 (Preamble (subject to TBOC); Section 4.1 )

Assessments & dues

Board determines monthly assessments, special assessments, and individual assessments; budget distributed 30 days before fiscal year as of 2015 (Section 7.15(a)(iii)-(v), Section 7.16)

Special assessments

Board may levy special assessments for nonrecurring common expenses, increased costs, capital expenses, or emergencies as of 2015 (Section 7.15(a)(iv), Section 7.16)

Collections & liens

Unpaid assessments become Special or Individual Assessments collectible by suit in Tarrant County with costs and attorneys' fees as of 2015 (Section 14.1(c); Section 7.15(a)(x) (pow)

Reserves & fees

Board may maintain a reserve fund out of monthly assessments for periodic maintenance, repair, replacement of General Common Elements as of 2015 (Section 7.15(a)(viii), Section 7.16)

Leasing & rentals

Units may be leased; lease must be in writing, subject to Governing Documents, on Association-approved forms, and copy submitted to Association. as of 2017 (Section 3.1(b))

Parking & vehicles

Reserved Parking Licenses may be granted by Declarant or Board for parking spaces on General Common Elements. as of 2017 (Section 3.1(d))

Architectural approval

No Owner (other than Declarant) may make alterations visible from other Units, Common Elements, or exterior, or change floor plan, without prior written Association approval. as of 2017 (Section 5.2)

Home business

Owners restricted in business use of Units per Association bylaws, resolutions, rules and regulations. as of 2017 (Section 3.1(e))

Signs & flags

During Declarant Control Period, no signs without Declarant's written consent; after, no signs without Board consent (not unreasonably withheld). as of 2017 (Section 5.6(a)-(b))

Maintenance

Owner maintains Unit (including structural components, roof, exterior walls, foundation, systems serving only that Unit, doors, windows); Association maintains General Common Elements. as of 2017 (Section 5.1(a)-(b))

Insurance

Commercial general liability policy covering General Common Elements, minimum $1,000,000 per occurrence as of 2015 (Section 13.1(a)(i))

Use restrictions

No Unit may be used for other than non-residential purposes or Permitted Uses (per Zoning Ordinance). as of 2017 (Section 3.1(a))

Voting & meetings

Each Member has votes as set forth in Declaration; multiple owners of a Unit must arrange for one to vote as of 2015 (Section 5.1(a) and (b))

Amendments

Amendments per Section 13.2. as of 2017 (Section 13.2)

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