Cornell

Key facts from Cornell's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

Brazos Commons Property Owners Association, Inc. (Recitals, Section 1 definition of 'Assoc)

Developer / declarant

Center City Development, Inc., a Texas corporation (Recitals (page 5))

Governing law

Texas Business Organizations Code, Texas Property Code (Section 5(c) - Association powers)

Collections & liens

Assessments secured by continuing vendor's lien; may be foreclosed judicially or nonjudicially (including power of sale under Texas Property Code Sec. 51.002) (Section 6(a)(2), Section 6(g))

Reserves & fees

Board may maintain an appropriate replacement reserve and provision for contingencies (Section 6(b) - 'appropriate replacement )

Voting & meetings

One vote per Lot; during Declarant Control Period, Declarant and each Builder have 25 votes per Lot owned by them (Section 5(b))

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