Canterbury Commons Association, Inc.

Key facts from Canterbury Commons Association, Inc.'s documents

Legal name

CANTERBURY COMMONS OWNERS ASSOCIATION, INC. (Article I, definition f: "'Condominium O)

Developer / declarant

CANTERBURY COMMONS JOINT VENTURE, a Texas joint venture composed of INCA INVESTMENTS (a Texas general partnership composed of Gilford P. Johnson and Robert L. McGee) and CLEMENTS-STENGER CORPORATION (a Texas corporation) (Introductory paragraph: "WHEREAS, CANTER)

Governing law

Texas Condominium Act, Article 1301a, Revised Civil Statutes of Texas (First WHEREAS paragraph: "Condominium Ac)

Assessments & dues

Determined by the Board of Directors based on cash requirements for estimated expenses. (Article V 5.3: "The assessments shall be)

Special assessments

May be levied for capital improvements or contingencies with two-thirds vote of Members voting in person or by proxy at a meeting duly called for that purpose. Also may be imposed on a single Unit for breach requiring expenditure. (Article I definition s (special assessme)

Reserves & fees

$5.00 if payment not made by the 15th of the month. (Article V 5.1: "Failure to pay by the fi)

Pets

Ordinarily more than two (2) pets per household is unreasonable; Association may determine a different number and may limit size and weight. (Article II 2.9e(12): "'unreasonable quan)

Signs & flags

No sign of any kind displayed to public view on any Unit or Common Elements without prior written consent of Board or Managing Agent. (Article II 2.9e(4): "no sign of any kind)

Use restrictions

No part of Property may be used for purposes other than housing and related common purposes. Each Unit to be used as a residential dwelling for Owner, family, social guests, or tenants. (Article II 2.9a: "no part of the Propert)

Voting & meetings

One vote per Unit, weighted by proportionate share of Common Elements ownership. Vote cannot be split among multiple Unit Owners. (Article IV 4.5b: "Unit ownership shall e)

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