Village of Teel Crossing Owners Association, Inc.
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What Village of Teel Crossing Owners Association, Inc.'s governing documents say
This is a condominium declaration for Village of Teel Crossing in Frisco, TX — a commercial condominium community of up to seven office units, not for residential use. It establishes the condominium regime under Texas law, defines unit ownership and common elements, and sets up the owners' association. This document applies to unit owners (typically businesses or investors) and outlines their rights, obligations, and the association's authority.
- What you own & maintain: You own your unit's interior (walls, floors, ceilings, finish surfaces) and an undivided interest in the common elements based on your unit's square footage. The association maintains common areas, and you maintain your unit's interior. Utility lines serving multiple units are common elements.
- Association governance & voting: The association manages the project through a board of at least three directors. Voting power equals your allocated interest (percentage of total square footage). Declarant controls the board until 75% of units are sold to non-declarant owners; at least 1/3 of the board must be elected by non-declarant owners once 50% are sold.
- Assessments & fees: Regular assessments are set annually based on a budget adopted by the board, allocated by each unit's share of common expenses. They are due monthly in advance. Late payments accrue interest at 18% per annum (or max legal rate). Special assessments and fines may also be levied with notice and hearing procedures.
- Leasing & rentals: The association may regulate leasing and require use of a specific lease form, but no minimum lease term or other rental restrictions are stated in this excerpt. (Note: this is a commercial/office condominium, so residential-style rental rules may not apply.)
- Declarant's development rights: Declarant reserves the right to alter unsold units, subdivide or combine units (up to seven total), change unit boundaries, and designate parking. These rights terminate when all units are conveyed to non-declarant owners.
- Use restrictions & rules: Units are designated as office condominiums. The association may adopt rules regulating use, appearance, and maintenance that affect common elements or other units. Specific use restrictions (e.g., pets, noise, signage) are not detailed in this document excerpt.
Key facts from Village of Teel Crossing Owners Association, Inc.'s documents
- Community type
- Condominium (Article I, Definitions (f) 'Condominium')
- Units / lots
- Maximum 7 (Section 3.1(a)(2): 'the maximum number o)
- Developer / declarant
- Huffman Builders, L.P. (Opening paragraph: 'made on the 8th day )
- Governing law
- Texas Uniform Condominium Act (Chapter 82 of Texas Property Code) (WHEREAS clauses: 'under the Texas Unifor)
- Assessments & dues
- Determined by Board based on adopted Budget; not a fixed amount (Section 5.1(a): 'the Board shall adopt a)
- Special assessments
- Allowed if Board determines Regular Assessments insufficient; levied like Regular Assessments (Section 5.4: 'it shall make a Special As)
- Collections & liens
- Association has a continuing lien on the Unit for unpaid assessments, with power of sale; can foreclose judicially or non-judicially, but not for fines alone (Section 5.5: 'the Association has a cont)
- Reserves & fees
- Association may establish adequate reserves and contingency funds, funded by Regular or Special Assessments (Section 5.3: 'The Association may establ)
- Pets
- Only fish and birds may be kept in Units, subject to Association rules; no other animals (Section 6.1(n): 'No animal, livestock, r)
- Leasing & rentals
- Yes, but only for use as general business office or medical profession (Section 6.1(o): 'No Unit Owner shall be )
- Parking & vehicles
- Large commercial-type vehicles prohibited (Section 6.1(m): 'No Unit Owner shall par)
- Architectural approval
- Prior written permission of Association required before changing appearance of Common Elements or exterior of Unit (Section 6.5(b): 'May not change the appe)
- Home business
- Only general business or medical offices allowed (Section 6.1(b): 'for any purpose other t)
- Maintenance
- Association responsible for Common Elements; Owner responsible for their Unit and for utility installations serving only their Unit, as well as windows and doors serving only their Unit (Section 6.3(a), (b), (c))
- Insurance
- Property insurance on Common Elements for fire, vandalism, malicious mischief, extended coverage; liability insurance covering Common Elements with minimums specified (Section 7.3(c) and (b))
- Voting & meetings
- Each Owner's vote equals their Allocated Interest as set forth in Exhibit B (Section 4.3(a) and (b))
- Amendments
- Declarant has right to amend to correct errors, for clarification, compliance, or lender requirements without other Owner consent (Section 3.4); otherwise, amendment presumably per Act (Section 82.058) – not fully detailed in this document (Section 3.4)
About this HOA
Village of Teel Crossing Owners Association, Inc. is a homeowners association in Frisco, TX.
HOAproxy has 2 documents on file for Village of Teel Crossing Owners Association, Inc.: 2 uncategorized documents. Last updated 2026-04-06.
Governing documents
- DVOTC.GOV.xx. .Condiminium Declaration (41 pages) — PDF
- DVOTC.GOV.xx.Bylaws (12 pages) — PDF