Malaga Townhomes Condominiums

What Malaga Townhomes Condominiums's governing documents say

This is a Fourth Amendment to the Declaration of Condominiums for Malaga Townhomes Condominiums, a townhome-style condominium community in Richardson, TX. It applies to all unit owners and makes two specific changes to the community's governing rules: it adds a monthly assessment credit for certain units and clarifies how amendments to the Bylaws and other governing documents are approved. This document is an amendment, not a full set of rules.

• Monthly assessment credit: Units that have a utility closet with electrical equipment next to their unit receive a $5.00 per month credit on their regular assessment, starting from the recording date. The Board can adjust this amount in its sole discretion.
• Amendment rules for governing documents: This amendment specifies that for amendments to the Bylaws and other documents in the community Manual (Appendix G), the amendment provision in each specific document controls, rather than the Declaration's general amendment provision (which requires 67% of common element interests).
• Approval threshold: This amendment was approved by owners representing at least 67% of the common element interests, as required by the Declaration and Texas state law.
• What this document doesn't cover: This is only an amendment—it does not include the full declaration, bylaws, rules about pets, leasing, maintenance, or other typical community restrictions. Those are in the original 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.