Wyndemere Condo

Key facts from Wyndemere Condo's documents

Reflects the 2000 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Title: WYNDEMERE CONDOMINIUM ASSOCIATION)

Legal name

MÈRE CONDOMINIUM ASSOCIATION, INC.

Governing law

Texas Non-Profit Corporation Act; Uniform Condominium Act, Texas Property Code Chapter 82 (Section 1.3 (TNPCA); Section 4.1 (Act de)

Assessments & dues

Board determines Common Expenses, establishes Monthly Assessments; proposed budget distributed 30 days before fiscal year (Section 7.14(a)(iii); Section 7.15)

Special assessments

Board may levy Special Assessments whenever deemed proper, including for increased costs, capital expenses, or emergencies (Section 7.14(a)(iv); Section 7.15)

Reserves & fees

Board shall maintain reserve fund out of Monthly Assessments adequate for periodic maintenance, repair, replacement of Common Elements (Section 7.14(a)(viii))

Voting & meetings

Each Unit has vote equal to its undivided interest in General Common Elements; only one vote per Unit; no cumulative voting; voting suspended if delinquent or in default (Section 5.1(a), 5.1(b), 5.2)

Amendments

Bylaws amended by majority vote of Directors or by 51% of votes cast by Members voting at meeting; certain amendments require Declarant consent (Section 13.2(a), (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.