Marshall Ridge Homeowners Association, Inc.

Key facts from Marshall Ridge Homeowners Association, Inc.'s documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Section 1.2 (Association))

Legal name

Marshall Ridge Homeowners' Association, Inc. (Section 1.2 (Association))

Developer / declarant

MERITAGE HOMES OF TEXAS, LLC (Preamble)

Assessments & dues

Initial assessment amount not specified in text; Board establishes annual budget and sets Maintenance Assessment (Section 6.3(a))

Special assessments

Special Assessments for capital improvements to Common Area or similar purpose; approved by majority vote of Members present at meeting with quorum; at least 15 days notice required; uniform per Lot (Section 6.4)

Collections & liens

Assessment Lien against each Lot to secure payment; subordinate to first mortgage liens; may be non-judicially foreclosed by power of sale per Texas Property Code Section 51.002 (Section 6.6(b))

Reserves & fees

Transfer fees and fees for Resale Certificate may be charged; not refundable; no transfer fee for conveyance from Declarant, Lo or Meritage to Builder (Section 6.6(j))

Pets

Only regular household pets such as cats and dogs (Section 2.2(d))

Leasing & rentals

Not explicitly addressed in provided text; Section 9.13 references Notice of Sale, Lease or Acquisition (Section 9.13)

Parking & vehicles

All Vehicles shall be parked within an enclosed garage, not visible from any Street or from ground level view from adjoining Lot (Section 2.2(b))

Fences

Fences: Declarant-approved special features, at least 6 feet constructed of wood with 1-inch by 4-inch top rail, maximum height 8 feet, stained medium-brown, located per Design Guidelines; prior written ACC approval required; must not imped (Section 3.4(e)(2))

Architectural approval

No Residence or Structure shall be constructed, placed or installed until plans approved in writing by ACC or Declarant (Section 3.1)

Solar & roof

Minimum architectural shingle or equivalent required; color gray or similar; all roofing fireproof and conform to City requirements (Section 3.5(b))

Home business

Reasonable amount of in-home work permitted if: (i) no parking of vehicles beyond those of residents, (ii) no door-to-door solicitation, (iii) no pickup/delivery of materials or services (Section 2.2(c))

Signs & flags

No signage on any Lot or Common Area except: (A) signs not exceeding 6 sq ft advertising sale/rent, (B) political signage per Design Guidelines, (C) signs regarding teenagers in athletics/school programs not exceeding 2 sq ft, limited to on (Section 3.4(e)(10))

Setbacks / home size

All Residences and other Structures constructed in accordance with setback requirements of City and building lines on Plat (Section 3.4(a))

Use restrictions

Property restricted solely to residential and related uses; no industrial, business, commercial, professional, manufacturing, mineral or other similar use permitted (Section 2.2(c))

Voting & meetings

Class A: all Owners other than Lo and Declarant, one vote per Lot; Class B: Declarant/Lo, converted to Class A upon earlier of (i) Class A votes equaling Class B votes, or (ii) seven years after first conveyance (text partially illegible) (Section 5.2)

Amendments

Declarant may unilaterally amend with Lo's consent until Class B membership terminates; thereafter for corrections, governmental compliance, title insurance, lender requirements; with 70% Owner approval but requires Declarant and Lo joinder (Sections 8.4, 9.4)

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