Reatta Ridge Owners

Key facts from Reatta Ridge Owners's documents

Community type

Texas Property Owners Association ("a Texas Property Owners Association")

Legal name

Reatta Ridge Owners Association

Governing law

Texas Business Organizations Code (BOC) and Texas Property Code (WHEREAS references to BOC; Second Amendm)

Assessments & dues

Any changes in the regular assessment are determined annually at the November annual meeting. (Article 7.6.1)

Collections & liens

Failure to pay assessments could result in enforcement of the Association's lien on the property and foreclosure. The governing documents allow foreclosure of the Association's lien for failure to pay assessments. (Article 7.6.4; Article 8.2(p))

Voting & meetings

Directors are elected by members. Members may vote in person, by proxy, or via absentee/electronic ballot. Absentee ballot must include list of actions, instructions, and a statement that voting absentee forgoes floor amendments. Electronic (Article 2.3; Article 4.14, 4.14.1, 4.14.)

Amendments

Amendments are approved by members representing a majority of the votes present (in person and by proxy) at a meeting where a quorum is present, as per Article 10 of the Bylaws. (WHEREAS clauses)

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