Oak Shadows Townhomes

What Oak Shadows Townhomes's governing documents say

Oak Shadows Townhomes is a townhome community in Bedford, TX, governed by a homeowners association (HOA). This document is the enabling declaration that establishes the townhome regime, defining unit ownership, common elements, and the HOA's powers. It applies to all unit owners, who are automatically members of the association.

• What you own & maintain: You own your unit's interior (walls, floors, ceilings) and are responsible for its maintenance, including the individual air conditioning unit. The association maintains the exterior walls, roofs, and common elements, but you maintain your patio or balcony.
• Assessments & fees: The association levies annual assessments, payable in two equal installments on January 1 and July 1, to cover common expenses. Unpaid assessments accrue interest at 10% per annum and can become a lien on your unit.
• Leasing & rentals: You may lease your unit without restriction, but the lease must be in writing and state that it is subject to the declaration, articles, and bylaws. The lessee's failure to comply is a default under the lease.
• Pets: Pets and small caged birds are allowed in individual units, but must be leashed when outside and are not permitted in recreation areas. The association can change pet regulations, but existing pets are grandfathered.
• Architectural & exterior changes: You cannot alter the exterior of your unit or common elements without board permission. Signs are limited to a 'For Sale' or 'For Rent' sign no larger than 18" x 24", and exterior antennas are prohibited unless allowed by uniform regulations.
• Parking: Each unit has at least one assigned off-street parking space. The developer initially assigns parking spaces; if not, the association does. Parking is only allowed in assigned areas.
• Insurance & casualty: The association carries master insurance on buildings and common elements, with premiums included in assessments. You are responsible for insuring your personal contents and liability. If your unit is damaged, you are responsible for repairs to your unit; the association handles common element damage.
• What this document doesn't cover: This excerpt is the enabling declaration, not the full set of rules. It does not include the association's bylaws, detailed architectural guidelines, or specific rules about noise, rentals, or other day-to-day conduct. Those may be in separate documents.

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.