3321 Rosedale Condominium Association

What 3321 Rosedale Condominium Association's governing documents say

This is a Condominium Information Statement for 3321 Rosedale Condominiums, a new-construction 4-unit luxury mid-rise condominium in the Park Cities neighborhood of Dallas, TX. It is a disclosure document for prospective buyers, not the full set of governing rules. The final Declaration, Bylaws, and other exhibits will control. Unit owners share ownership of common elements and are subject to association assessments.

• What you own & maintain: You own the interior of your unit, including sheetrock, ceiling, and balconies/storage assigned to your unit. The association maintains common elements. Owners are responsible for repairs within their units and any improvements they make.
• Assessments & fees: Owners pay regular assessments (amount unknown from this excerpt) and may be subject to special or individual assessments. Each original purchaser must pay a one-time nonrefundable initial capital contribution of at least two months' assessments.
• Leasing & rentals: The full Declaration (Article 11) will cover lease conditions, but this document does not provide specific terms such as minimum lease duration or owner occupancy requirements. Consult the Declaration for rules.
• Insurance: The association purchases property insurance covering units as originally built. Owners must obtain their own liability, personal property, and loss assessment coverage. The association does not insure owner improvements.
• Utilities: Electricity is individually metered and paid by the resident. Water and wastewater are billed to the association and allocated to units, possibly via submeters or percentage share.
• Parking & vehicles: Each unit includes a two-car garage. Vehicle restrictions may apply per the Declaration (Article 10 includes 'Vehicle Restrictions').
• Dispute resolution: Before litigation, owners must follow mandatory negotiation and mediation procedures as outlined in Article 19 of the Declaration.
• What this document doesn't cover: This is a summary disclosure only. The full governing documents (Declaration, Bylaws, Community Manual, etc.) contain complete rules on pet limits, architectural approvals, age restrictions, leasing details, and enforcement. Buyers should review all exhibits before purchase.

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.