2722 Knight Street Condominiums

What 2722 Knight Street Condominiums's governing documents say

2722 Knight Street Condominiums is a condominium community in Dallas, TX. The following summaries are based on several amendments to the governing documents, not the complete set of rules. These amendments cover leasing restrictions, fines and enforcement, meeting notices, and late fees.

• Leasing & rentals: Initial lease term must be at least 6 months, with a minimum initial term of 1 year. No more than 25% of units (16 of 64) may be leased at any time. Sex offenders (Level 2 or 3) are prohibited from occupying or using common elements. Owners must notify the association before leasing and may need board permission for renewal. Existing leases on the effective date are grandfathered until transfer of title.
• Fines & enforcement: The board may levy fines on a case-by-case basis, with amounts reasonable and uniform for similar violations. For ongoing violations, fines may accumulate but must have a maximum cap. Before levying a fine, the association must give written notice and a 30-day opportunity to request a hearing. Repeat violations may result in fines without a new cure opportunity.
• Meeting notices: Annual and special membership meetings require at least 10 days' (but no more than 20 days') notice, sent by mail or email to the address on file. Board meetings require at least 5 days' notice by mail. Notices must state date, time, place, and purpose.
• Late fees: If an assessment is not paid by the due date, a late fee of $100 is assessed against the owner. This fee is set by the board and may be changed without owner approval.
• What this document doesn't cover: These are amendments only; the full declaration, bylaws, and other rules (e.g., pet restrictions, architectural review, parking, maintenance responsibilities, assessment amounts) are not included here.

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.