Lakes on Tennyson Owners

What Lakes on Tennyson Owners's governing documents say

Lakes on Tennyson Professional Plaza is a commercial condominium community in Plano, TX. The governing document excerpts are partial amendments that modify unit subdivisions and allocated interests (ownership, expenses, votes). These documents do not contain the full residential rules typically found in a homeowners association; they only address administrative changes to the condominium declaration.

• Subdivision of units: The 2022 special amendment subdivides Unit 5060-200 into two units (5060-200 and 5060-210). The 2024 special amendment further subdivides Unit 5060-210 into two units (5060-210 'A' and 'B') and updates the corresponding allocations and depictions.
• Allocated interests (ownership, expenses, votes): The amendments replace Appendix C with new schedules of allocated interests for Phase V, including common element ownership, liability for expenses, and weighted voting percentages for each unit. For example, after the 2024 amendment, Unit 5060-210 'A' has a 7.78% interest in common elements and expenses.
• Commercial condominium nature: The community is explicitly designated as a commercial condominium. The documents refer to units as commercial spaces and include provisions for future lease space, indicating commercial use.
• What this document doesn't cover: These excerpts are only amendments to the declaration. They do not cover typical residential rules such as pet restrictions, leasing minimums, age restrictions, or architectural guidelines. For a complete set of rules, refer to the full declaration and other governing documents.

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.