Holland Oaks Condominium

What Holland Oaks Condominium's governing documents say

Holland Oaks Condominiums is a 10-unit condominium community in Richardson, TX — you own your unit and share ownership of common elements (land, building structure, roofs, etc.) with other unit owners. The association handles maintenance of common areas, master insurance, and assessments. This declaration applies to all unit owners and their tenants.

• What you own & maintain: You own the interior of your unit (walls, floors, fixtures, appliances) and any limited common elements like assigned parking and patio. You must maintain the interior, heating/cooling system, and windows. The association maintains common elements (building exterior, roofs, grounds, common areas) and carries master property and liability insurance.
• Leasing & rentals: No lease may be for less than 30 days (i.e., no short-term/vacation rentals). The entire unit must be leased (not a room). Tenants must comply with all governing documents, and the owner remains responsible for the unit.
• Pets & animals: Dogs, cats, fish, and birds are allowed — no livestock, reptiles, or poultry. The association can limit the number and weight of pets and may prohibit any animal that becomes a nuisance. Animals must be kept on a leash or in an approved enclosure when outside a unit.
• Parking & vehicles: Each unit has an assigned parking space (limited common element). No large commercial vehicles, recreational vehicles (boats, campers, trailers), or inoperable vehicles may be stored on the property. Major vehicle repairs are prohibited in common areas.
• Use & occupancy restrictions: Units may be used only as a single-family residential dwelling. No signs, no loud noises or offensive activities, no temporary structures (tents, trailers), no fires except in barbecue receptacles, and no exterior clotheslines visible from other units.
• Alterations & improvements: Any alteration affecting the building's structure or common elements requires prior written approval from the board. Plans must be submitted; the board has 30 days to respond. During the construction period, declarant must also approve.
• Assessments & fees: Monthly assessments are due on the 1st, with a late charge after the 15th. Annual increases are capped at 120% of the prior year without owner approval. Special assessments (e.g., for capital improvements) require a 2/3 vote of owners. Unpaid assessments become a lien on the unit.
• Insurance: The association carries blanket property insurance covering the units and common elements (fire, vandalism, extended coverage) and liability insurance. Each unit owner is responsible for insuring personal property and interior liability. Owners must provide proof of insurance upon request.

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.