Summer Cove 1 Owners Association, Inc.

Key facts from Summer Cove 1 Owners Association, Inc.'s documents

Community type

Single-family residential subdivision (Phase II) (Recitals: 'residential community' and Ar)

Legal name

Summer Cove II Homeowners, Inc. (Recitals: 'Declarant will incorporate … )

Developer / declarant

Thorstar, Inc., a Texas corporation (Opening recital)

Governing law

Texas law (implied by location and incorporation as a Texas non-profit) (Recitals: 'incorporated under the laws o)

Collections & liens

Unpaid assessments become a continuing lien on the Lot and personal obligation of the Owner; Association may enforce by all methods available for enforcement of liens; may notify mortgage holders of default; right to collect costs including (Section 5.08 (a), (b), (d))

Reserves & fees

Greater of 10% of then-established regular annual assessment per Lot OR $500.00 (Section 5.08 (c))

Solar & roof

Pleasing color and physical appearance; all roofing materials must be approved in writing by Architectural Control Committee prior to installation and comply with Grayson County ordinances (Section 8.05)

Use restrictions

All Lots shall be used for residential purposes only; only a single-family dwelling and a private garage for 2-4 automobiles may be built. No building shall exceed 2 stories. (Section 8.01)

Amendments

Not explicitly detailed in the extracted text, but references to amendments in definitions and sections imply amendments may be made; specific procedure not found.

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