Board of Directors of Valley of Bent Tree
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What Board of Directors of Valley of Bent Tree's governing documents say
This is an amendment to the condominium declaration for Valley of Bent Tree Condominiums, a condominium community in Addison, TX. It modifies rules to comply with mortgage lending requirements, but does not change the fundamental structure or other rules. For a complete picture, you must read the original declaration.
- Reserve funding: The association must include at least 10% of the total annual budget in reserve funds for capital expenditures and deferred maintenance, and must provide adequate funding for insurance deductible amounts.
- Mortgagee liability for assessments: If a lender acquires a unit through foreclosure, it is only liable for up to six months of unpaid assessments that accrued before it took title, regardless of any lien priority.
- Insurance policies: The association's insurance policies cannot be 'blanket' policies covering multiple unaffiliated condominium associations or projects.
- What this document doesn't cover: This amendment does not address pet policies, leasing terms, parking, or other typical HOA rules; those are governed by the original declaration, which remains in effect.
Key facts from Board of Directors of Valley of Bent Tree's documents
- Community type
- condominium (Title and Recitals: 'Valley of Bent Tree)
- Legal name
- Valley of Bent Tree Condominium Association
- Governing law
- Texas Condominium Act (Recital A)
- Assessments & dues
- Assessment computed per Lot based on status: (i) Lot improved by Townhouse and fully landscaped: full assessment; (ii) Lot owned by parties other than Declarant: one-half assessment; (iii) Lot owned by Declarant: no assessment. No owner exe (Amendment 1, Article V Section 4(c) rewr)
- Collections & liens
- Association may bring action at law against Owner and/or foreclose lien; costs and reasonable attorney's fees added to judgment (Amendment 2, Article V Section 10(c))
- Reserves & fees
- Budget must include reserves for capital expenditures and deferred maintenance of not less than 10% of total annual budget, and must provide adequate funding for insurance deductible amounts (Amendment 1, added to Section 20)
- Amendments
- Board may amend Declaration by unanimous resolution to comply with FHLMC/FNMA requirements per Section 30 (Recital B and Section 30 of Declaration)
Related associations
Part of: Bent Tree Village No. 3 Homeowners Association · Bent Tree Vlg Homeowners
About this HOA
Board of Directors of Valley of Bent Tree is a homeowners association in Addison, TX.
HOAproxy has 3 documents on file for Board of Directors of Valley of Bent Tree: 3 amendments. Last updated 2026-06-05.