Oak Grove Owners Association, Inc.

Key facts from Oak Grove Owners Association, Inc.'s documents

Community type

Homeowners' Association (HOA) (Name: Oak Grove Homeowners' Association,)

Legal name

Oak Grove Homeowners' Association, Inc. (formerly Marina Del Rey Townhomes) (Article II Definitions - Association)

Developer / declarant

MICO CORPORATION, a Texas Corporation, and L & N CONSULTANTS, INC., a Nevada corporation (Preamble)

Governing law

Texas Business Organizations Code, Texas Property Code Chapter 209 (Article E.1 and H.6)

Assessments & dues

Regular assessments based on annual budget; each Lot liable for equal share. (Article G.6.a)

Special assessments

Board may levy special assessments; approval of majority of Lots required for certain purposes (acquisition of real property, construction of improvements, significant expenditures). (Article G.6.b)

Collections & liens

Assessments secured by continuing vendor's lien; Association has power of foreclosure; foreclosure must comply with Texas Property Code Chapter 209. (Article H.1, H.5, H.6)

Reserves & fees

Association must establish, maintain, and accumulate reserves for operations and replacement/repair of Common Area improvements. (Article G.10)

Pets

Common domesticated household pets such as dogs and cats allowed. (Article III.C.2.h)

Parking & vehicles

Board may adopt rules regulating types, sizes, numbers, conditions, uses, appearances, and locations of vehicles. (Article III.C.8)

Fences

No fence, wall, hedge, or other structure may be located nearer to lot lines than building setback lines without ACC approval. (Article III.C.5)

Architectural approval

Prior written approval of ACC required for construction, alteration, or any change materially affecting exterior appearance. (Article F.4.b)

Home business

Limited business use allowed if permitted by governmental ordinance and does not involve employees or public visits. (Article III.C.1.a)

Signs & flags

One professional yard sign for sale/rent (max 5 sq ft); one political sign per lot, not more than 90 days before election, removed within 15 days after. (Article III.C.7)

Setbacks / home size

Fences and structures must comply with building setback lines. (Article III.C.5)

Maintenance

Owner responsible for maintenance, repair, and replacement of their home including roof. (Article V.B.1)

Insurance

Reasonable deductible; Owner must reimburse Association for deductible if loss due to Owner's act or omission. (Article VII.A.2)

Use restrictions

Lots may be used only for one attached single-family residential purpose. (Article III.C.1)

Voting & meetings

Each Lot has one vote; if multiple owners, they determine how to cast the vote; no more than one vote per Lot. (Article E.2)

Amendments

Amendments require approval of at least 67% of Lot Owners, unless Board alone is permitted; method selected by Board must give Owners substance, effect, and opportunity to vote. (Article IX.A and B)

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