The Trails of Chestnut Meadow

Key facts from The Trails of Chestnut Meadow's documents

Reflects the 2017 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Single Family Residential Subdivision (Recitals and Section 1.49, Section 1.50,)

Legal name

Chestnut Meadows Association, Inc. (Recitals, Section 1.7)

Developer / declarant

Chestnut Meadows IV, Ltd. (Recitals, Page 2 (page 11 of PDF) and Se)

Governing law

Texas Property Code (Chapter 209 referenced) (Section 4.4(a), Section 6.10, Section 6.)

Special assessments

May be levied for unanticipated expenses, capital improvements, etc.; requires affirmative vote or written consent of 60% of affected votes and Declarant consent if Class B exists (Section 6.5)

Collections & liens

Contractual lien on each Lot for unpaid assessments; may be foreclosed judicially or non-judicially under Texas Property Code; power of sale granted (Section 6.11)

Reserves & fees

Fund set aside by Association for periodic maintenance, repair, replacement of Common Properties improvements (Section 1.45)

Amendments

Amendment by Declarant (Class B) unilaterally; by Board with Class B consent; by Class A members with vote of 67% of total Class A votes, plus Declarant consent if Class B exists (Section 15.2(a)-(c))

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