Lakeside Green Owners Association, Inc.

Key facts from Lakeside Green Owners Association, Inc.'s documents

Reflects the 1982 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Declaration: "Condominium Regime"; Notic)

Legal name

LAKESIDE GREEN OWNERS ASSOCIATION, INC. (Articles of Incorporation Article I; By-)

Developer / declarant

MARIX HOUSING CORPORATION, a Texas corporation (Declaration, introductory paragraph; By-)

Management

Board shall enter into management agreement with a management company. Duties include fiscal management (budgets, collections, reserve funds), physical management (maintenance, contracts, personnel), administrative management (insurance, co (By-Laws §7.1 (a, b, c))

Governing law

Condominium Act of the State of Texas, Article 1301a, Revised Civil Statutes of Texas (now Texas Property Code Chapter 82) (Declaration, introductory paragraph; By-)

Assessments & dues

Fixed, determined, levied and collected by the Board of Directors; by majority vote of Board may adjust, decrease or increase subject to Declaration (By-Laws §5.3(e))

Reserves & fees

Board to maintain a reserve for replacement fund (sinking fund) for capital expenditures (By-Laws §7.1a(2) (Management Company dut)

Pets

Yes, with restrictions (Rules & Regulations (PETS))

Leasing & rentals

Not explicitly addressed in the provided excerpts. Implicitly allowed as owners can rent, but no specific restrictions.

Architectural approval

No alterations to exterior of buildings not meeting architectural conformity, including awnings, allowed without written permission from the Board. Satellite dishes require approval per guidelines. (Rules & Regulations (2): "No alterations)

Signs & flags

No sign of any kind displayed to public view without prior written consent of the Board (Rules & Regulations (2) page 1: "No sign)

Use restrictions

Condominium Units for one-family residential dwelling use (Declaration §3.4: "ONE-FAMILY RESIDENTIA)

Voting & meetings

One vote per Unit, weighted to equal proportionate share of ownership in Common Elements. Voting not split among more than one Unit Owner. (By-Laws §3.2)

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