Mstreets 5800 Condominiums Association, Inc

What Mstreets 5800 Condominiums Association, Inc's governing documents say

This is a legal amendment to the condominium declaration for MStreets 5800 Condominiums, a condo community in Dallas, TX. It primarily adjusts the allocation of common interest percentages among units and clarifies that the current regime consists of 18 units in Phase I, with a future Phase II area retained as common element. This document is for unit owners and prospective buyers, but it is not a full rulebook—it only modifies specific aspects of the original declaration.

• What this document covers: This is a second amendment to the original condominium declaration, re-allocating common interest percentages among units and confirming that the condominium regime currently includes only the 18 units in Phase I. It also preserves the developer's right to build Phase II later.
• Common interest & assessments: Each unit has a specific percentage of common interest (e.g., Unit A101 has 4.768318%), which determines its share of common expenses and voting rights. The amendment updates these percentages for all Phase I units.
• Future development: The 'Future Development Area' (Block A/2885 McCommas 5800 Addition) is designated as a general common element until Phase II is built. The developer retains the right to develop it and add more units later.
• What this document doesn't cover: This amendment does not contain the full rules of the association—such as pet policies, leasing restrictions, or maintenance duties. Those would be in the original declaration and other governing documents.

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.