The Homeowners Association of Cambridge at Watters Crossing, Inc.

Key facts from The Homeowners Association of Cambridge at Watters Crossing, Inc.'s documents

Community type

single-family residential community (Section 1.2.2)

Legal name

The Homeowners Association of Cambridge at Watters Crossing, Inc. (Definition of "Association")

Developer / declarant

WHITE RIVER ESTATES, LTD. (Definition of "Declarant")

Governing law

Texas Property Code Chapter 209 (Sections 209.001, et seq.) (Definition of "Payment and Performance L)

Assessments & dues

Maximum $2,000.00 per Lot for year beginning Jan 1, 2010 (not owned by Declarant/Builder); Declarant/Builder lots 25% of that amount unless improved with occupyable residence (Section 4.3(a))

Special assessments

Special assessments for capital improvements require Two-Thirds Member Vote (Section 4.4)

Collections & liens

Payment and Performance Lien for assessments; superior to other liens except bona fide first mortgage liens, ad valorem taxes, and liens Board elects to subordinate; power of sale per Tex. Prop. Code Ann. Section 51.002 (Sections 4.8.1, 4.8.4, 4.9, 4.10)

Reserves & fees

Maintenance reserve fund equal to or greater than two months' membership dues for maintenance of Common Property (Section 5.6)

Pets

Yes, dogs, cats, and other household pets permitted (Section 7.3)

Leasing & rentals

Owner may lease Residence; leasing not considered business use (Section 7.26)

Parking & vehicles

Vehicles parked only in garage, driveway, or Board-approved paved areas; max 2 occupant vehicles outside garage (Section 7.6(a))

Fences

Fences require Architectural Committee approval; specific rules for corner lots, rear privacy fences, zero-lot-line fences, creek/common area fences, perimeter fences, alley fences (Sections 7.10, 8.11)

Architectural approval

No improvement, alteration, or modification without written approval of Architectural Committee (NCC or MC) (Section 9.1)

Solar & roof

No solar collectors without Architectural Committee approval and screening (Section 7.11)

Home business

Business activities permitted within Lot if not apparent by sight/sound/smell, conforms to zoning, no visitors from outside Property, consistent with residential character (Section 7.26)

Signs & flags

For Sale sign max 2'x3' on stake; Declarant signs; Builder signs max 5 sq ft per Lot, monument sign max 40 sq ft; political signs not more than 30 days before election, removed within 10 days after (Section 7.5)

Setbacks / home size

Residences sited within setback parameters of applicable Zoning Ordinance; more restrictive requirement prevails (Article VIII, Section 8.3)

Maintenance

Owner responsible for maintaining grade of Lot and positive drainage; Association may enter Lot to correct altered grades at Owner's expense (Section 7.30)

Insurance

Board shall obtain insurance to adequately insure all assets of Association, general public liability, casualty loss, errors and omissions of directors (Section 5.4)

Use restrictions

Property developed for single-family residential purposes (Section 1.2.2)

Voting & meetings

Class A Members: one vote per Lot; Class B Member (Declarant): 70 votes until Voting Conversion Date (Jan 1, 2015), then one vote per Lot owned (Section 2.3)

Amendments

Article IX may not be amended without Declarant consent while Declarant owns land; other amendments require Two-Thirds Member Vote (implied from various sections) (Section 9.4)

Amenities

Common Property includes recreational facilities, pools, gazebos, trails, bikeways (from definition of Improvements) (Definition of "Improvements")

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