Athena Condominium Co-Owners Association

Key facts from Athena Condominium Co-Owners Association's documents

Community type

Condominium (Title: Athena Condominium Residential Co)

Governing law

Texas Property Code §202.006 (Pursuant to Texas Property Code §202.006)

Assessments & dues

Total assessment for the year shall be established by adoption of the annual budget by the Board of Directors and shall equal the amount of the budget. (The total assessment for such year shall)

Special assessments

Special assessment shall not be levied without prior approval of Co-Owners owning at least 66% of the common elements allocated in accordance with Column 5 of Section 7 of the Declaration and Master Deed. (any such special assessment shall not be)

Reserves & fees

Reasonable allowance for contingencies and reserves may include amounts for improvements and additions to the Condominium project not included in the annual budget. No more than $5,000 may be expended out of such contingency fund for any si (The reasonable allowance for contingenci)

Pets

After December 15, 1982, no person becoming a Co-Owner shall be permitted to own or keep a pet; existing Co-Owners cannot acquire a new pet. Upon death or removal of existing pet, cannot replace. No pet shall be left unattended outside the (After December 15, 1982, no person becom)

Leasing & rentals

No portion of the Condominium Project except the roof may be leased to any party that is not a Co-Owner (or lessee) of an Apartment-Home. Any lease of the roof will provide that the lessee will take all reasonable actions to ensure that suc (No portion of the Condominium Project ex)

Insurance

Insurance amount shall be at least 80% of the full replacement value of the building. (which formerly read "in an amount equal )

Use restrictions

Each Apartment-Home shall be occupied and used by the respective Owners only as a private dwelling for the Owner, his family, and their guests and for no other purpose. Common elements shall be used only for purposes consistent with the res (Each Apartment-Home shall be occupied an)

Voting & meetings

No Co-Owner shall be entitled to vote at any meeting until he has paid all assessments due the Association. Vote may be cast by Co-Owner or by proxy given to authorized representative. (No Co-Owner shall be entitled to vote at)

Amendments

Bylaws may be amended by approval of Co-Owners with 51% or more of the votes, weighed so as to coincide with the percentages assigned in the Declaration and Master Deed. Procedure for proposing amendments shall be the same as provided for a (These Condominium Bylaws may be amended )

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