Monterra

What Monterra's governing documents say

Monterra is a commercial/mixed-use property owner's association (POA) covering three lots (5, 6, and 7) in a medical campus. This Declaration of Covenants and Restrictions (CC&Rs) creates a POA to manage and maintain shared easements (storm water, access, parking). It is not a condominium or residential HOA; the rules primarily bind the lot owners (commercial entities) and govern easement maintenance, assessments, and association governance.

• What you own & maintain: Each owner owns their lot individually. The Association is responsible for maintaining the common easements (Easement 1 and Easement 2) in a first-class manner. Owners must pay assessments to fund this maintenance; the Association may also enter a lot for emergency repairs and charge the owner.
• Assessments & fees: Annual assessments are set each year to cover maintenance costs, ratably apportioned by lot square footage. Special assessments can be levied for capital improvements or unexpected expenses, also based on square footage. Assessments are a continuing lien on the lot, and the Association can foreclose if unpaid (per Texas Property Code).
• Voting & governance: Each lot gets one voting unit, but if a lot is owned by multiple persons/entities, the vote is split proportionally to the square footage each owns. The Association board must have at least three members. Rule changes require approval by 60% of owners (for amendments) or 55% for certain actions; board decisions need a majority vote.
• Liability & indemnification: Owners indemnify the Association for claims arising from their lot. The Association and its members are not personally liable for each other's debts or torts. Owners are personally liable for their lot's obligations until they transfer with a buyer's assumption of duties.
• Leasing & rentals: Not covered in this document; the CC&Rs do not address leasing restrictions. (See document type note.)
• What this document doesn't cover: This is a partial document focused on easement maintenance, assessments, and governance of the POA. It does not include typical residential rules (pets, parking, architectural control, age restrictions) or any restrictions on use beyond the no-build restriction (separate document). Readers should review the full recorded declaration and any other applicable restrictions.

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.