Sunset Oaks Homeowners Association, Inc.

Key facts from Sunset Oaks Homeowners Association, Inc.'s documents

Reflects the 1998 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (nonprofit corporation) (Articles of Incorporation Article 2: 'Th)

Units / lots

80 Lots initially (within 4 blocks) (Declaration Article I(b): 'As of the dat)

Governing law

Texas Non-Profit Corporation Act (Article 1396-2.22A et seq.) and V.T.C.A., Property Code § 204.010 (Articles of Incorporation Article 4: '..)

Assessments & dues

By Board of Directors in accordance with the Declaration (annual budget, assessments); annual assessment generally payable in equal monthly installments due on first of month (Bylaws Article III Sec 17(b): 'making as)

Special assessments

Borrowing for modifications, improvements, or additions requires Member approval (same as special assessments per Declaration Article VI Sec 3); not fully detailed in provided text (Bylaws Article III Sec 20: 'Board of Dir)

Collections & liens

Fines constitute a lien upon the property of the violating Owner; Association may enforce by suit and claim attorneys fees (Bylaws Article III Sec 22: 'The Board of)

Reserves & fees

Replacement Escrow Fund mentioned; may be deposited in non-bank depositories (Bylaws Article III Sec 17(c): 'any reser)

Use restrictions

Implied; not explicitly stated in provided excerpts but Declaration likely restricts to residential (Declaration purpose: 'desire to create t)

Voting & meetings

Two classes: Class A (1 vote per Lot), Class B (Declarant, 10 votes per Lot owned; terminates upon conversion to Class A after 90% lots sold or Dec 31, 2020 or earlier at Declarant's discretion) (Declaration Article IV Sec 2: 'Class "A")

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