Coit Lexington Condominium

What Coit Lexington Condominium's governing documents say

Coit Lexington Condominium is a condominium community in Frisco, TX. This document is a second amendment to the condominium declaration, modifying select terms of the original governing documents. It is not a complete rulebook—it only updates assessment due dates, late fees, and unit ownership allocations.

• Assessment & late fees: Assessments are due quarterly on the 1st day of the first month of each calendar quarter. A late fee of $250 applies if payment is not received by the 5th day of the month in which it is due.
• Unit ownership interests: Each unit has an allocated percentage of undivided interest in common elements, percentage of liability for common expenses, and percentage of votes, as detailed in Exhibit C attached to the amendment.
• What this document doesn't cover: This amendment does not contain the full condominium rules on topics such as leasing, pets, age restrictions, or architectural guidelines. Those are in the original declaration and any other amendments not provided here.

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.