City North Condominiums

Key facts from City North Condominiums's documents

Reflects the 2008 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Declaration, Preamble; Bylaws, Article I)

Developer / declarant

City North Development Group, L.P., a Texas limited partnership (Declaration, Preamble)

Governing law

Texas Uniform Condominium Act (TUCA), Texas Property Code Chapter 82 (Declaration, Preamble; Bylaws, Article I)

Assessments & dues

Board adopts budget; assessments allocated among Units in proportion to Common Interest; monthly assessments due on first day of month (Declaration Sections 4.2, 4.3, 4.6)

Special assessments

Board may levy special assessments for capital improvements, unexpected expenses, or individual Owner compliance costs (Declaration Section 4.4)

Collections & liens

Unpaid assessments constitute a lien on the Unit, superior to all other liens except vendor's lien and as set forth in TUCA; enforceable by foreclosure under Section 82.113 of the Act; Owner grants power of sale (Declaration Section 4.5)

Reserves & fees

Annual assessments shall include an adequate reserve fund for maintenance, repairs and replacement of Common Elements (Declaration Section 4.2)

Leasing & rentals

Owners have absolute right to lease Units, subject to restrictions (Declaration Section 7.8)

Parking & vehicles

Parking spaces may be assigned by Declarant or Board; unassigned spaces are General Common Elements; additional assigned spaces may require monthly fee set by Board (Declaration Section 1.14.5)

Architectural approval

No permanent attachments to roof or walls without Board approval; architectural control provisions in Article VIII (Declaration Sections 7.7, Article VIII)

Home business

Prohibited (no trade or business in Units) (Declaration Section 7.1)

Signs & flags

Declarant may place signs on Common Elements until last phase sold; Owners other than Declarant prohibited from placing 'for sale', 'for rent' or any other signs (Declaration Section 7.4)

Maintenance

Association maintains Common Elements; Owners maintain their Units and certain Limited Common Elements; Owners responsible for damage caused by their negligence or willful acts (Declaration Sections 5.1, 5.2, 9.7)

Insurance

Association shall maintain casualty, risk and liability insurance for the Project and Owners (Declaration Section 4.2)

Use restrictions

Units shall be used only for residential purposes; no trade or business conducted therein (except Declarant model home/sales office) (Declaration Section 7.1)

Voting & meetings

One vote per Unit, value equal to Common Interest; Class B (Declarant) has three votes per lot until conversion; multiple owners of a Unit cast one vote (Articles of Incorporation Article Six; D)

Amendments

Amendment of Articles requires assent of requisite number of votes as set forth in Declaration; Declaration amendment provisions in Section 9.6 (Articles of Incorporation Article Twelve)

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