Cypress Point Homeowners Association, Inc.

Key facts from Cypress Point Homeowners Association, Inc.'s documents

Reflects the 1994 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

single-family residential subdivision with private streets (Article VII; Article II)

Units / lots

At least 61 lots (referenced in Section 4.10) (Section 4.10)

Developer / declarant

LenMar Development Corporation, a Texas corporation (Preamble; Article I(m))

Assessments & dues

$1,200.00 per Lot per year (initial, until changed by Board) (Section 4.05(a))

Special assessments

Special Purpose Assessments for capital improvements or Common Services require affirmative approval of Members (Special Quorum) (Section 4.05(d))

Collections & liens

Assessment Lien secures unpaid assessments, interest, late charges, violation fines, and collection costs (including attorneys' fees); lien is subordinate to purchase money mortgages; Association may foreclose and buy Lot at foreclosure sal (Section 4.08)

Reserves & fees

Street Reserve Fund of $100,000 to be established within 10 years; Maintenance Reserve Fund equal to 2 months dues based on full membership (Sections 2.01(c), 9.06)

Pets

Dogs, cats, or other household pets permitted, provided not kept, bred, or maintained for commercial purposes (Section 7.22)

Leasing & rentals

Not specifically addressed in this document (Not indicated)

Parking & vehicles

Vehicles must be stored or placed so not visible from any Street, public street, or ground level of adjoining Lot; authorized vehicles may park behind dwelling if not visible (Section 7.19)

Fences

No fence, wall, or hedge nearer to Street or public street than minimum building setback line; fences must be boxed in with wood; posts minimum 8 feet apart, maximum 10 feet apart; fencing within 10 feet of rear property line of Lake and Pe (Section 7.15)

Architectural approval

Architectural Control Committee approval required for construction, installation, or modification of improvements; Plans must be submitted in duplicate (Section 8.03)

Solar & roof

Exterior walls must be at least 75% brick, brick veneer, stone, or other material approved by City and ACC; exterior surfaces must be stained or painted only with prior written approval of ACC (Section 7.07, 7.13)

Home business

Not specifically addressed (Not indicated)

Signs & flags

No signs displayed to Streets or other Common Properties except: (a) signs approved by ACC; (b) 'for sale' or 'for rent' signs approved in writing; (c) development-related signs during construction (Section 7.16)

Setbacks / home size

Building lines/setbacks per applicable plat and City requirements; no improvements other than fencing, landscaping, pools, sprinkler systems, or ACC-approved improvements within 10 feet of rear Lot line of Lots 4-12, Block B (Section 7.14)

Maintenance

Not specifically addressed (Owner responsibility implied under exterior maintenance) (Section 7.30)

Insurance

Association may purchase insurance covering Common Properties, improvements, and Common Services; may include fire/hazards, public liability, fidelity bond, and officers'/directors'/ACC liability (Section 6.02)

Use restrictions

Property restricted to residential use; no use permitted not allowed under applicable laws (Section 7.01, 7.02)

Voting & meetings

Two classes: Class A (all Members other than Declarant) with one vote per Lot; Class B (Declarant) with ten votes until Declarant owns fewer than two lots (Section 3.04)

Amendments

Amendment requires document executed by Owners holding 75% of votes of all Members in Good Standing present at meeting with Regular Quorum; certain provisions require City consent; Declarant may make minor changes to correct errors without (Section 10.03)

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