Tara Place

Key facts from Tara Place's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

TARA PLACE CONDOMINIUM ASSOCIATION

Developer / declarant

Prestige Condominiums, Inc.

Governing law

Condominium Act of the State of Texas (Article I, Para 1)

Special assessments

Board may levy special assessments for other needs or deficits; but for additions/alterations/improvements requiring expenditure over $10,000 in any calendar year, prior approval of 66 2/3% of Owners is required. Exceptions for replacement, (Article XI, Para 1(b))

Reserves & fees

Mandatory reserve fund for periodic maintenance, repair and replacement of Common Elements maintained out of regular assessments. Also reserve for deferred maintenance and replacement (sinking fund). (Article V, Paras 1(b),(c), 2)

Pets

Permission required to keep more than two animals on the premises. (Rules and Regulations, Section A, Para 9)

Use restrictions

Board shall have the right to abate all nuisances. (Rules and Regulations, Section A, Para 6)

Voting & meetings

Votes proportional to each Owner's percentage interest in the Common Elements as set forth in Exhibit C to the Declaration (Article II, Para 2)

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