Summerglen Property Owners Association, Inc.

Key facts from Summerglen Property Owners Association, Inc.'s documents

Community type

Planned Unit Development (Section 1.23, Recitals)

Units / lots

Initial 5 lots; overall development includes multiple units (Unit 1-5A-1) (Recitals; Section 1.4)

Developer / declarant

Southerland/Red Creek Ranch Venture (Joint Venture) by and through Southerland Properties, Inc. and MHI Partnership, Ltd by McGuver Homebuilders, Inc. (First paragraph)

Governing law

Texas Non-Profit Corporation Act; Texas Property Code Section 51.002 (for non-judicial foreclosure) (Section 5.4, Section 7.5)

Assessments & dues

For 1998: not to exceed $600 per Lot; thereafter subject to increase up to 10% per year; if an Owner owns more than one Lot, assessment is capped at twice that of one Lot (Section 7.3)

Special assessments

Permitted if sums collected are inadequate; no explicit limit (Section 7.3)

Collections & liens

Unpaid assessment becomes a lien on the Lot; Association may non-judicially foreclose under Texas Property Code Section 51.002; also may file Notice of Lien; liens subordinate to first mortgages (Section 7.1(B), 7.5, 7.6, 7.7)

Reserves & fees

Maintenance fund established; no specific reserve fund requirement (Section 7.2)

Pets

Only domestic household pets; no farm animals, wild animals, poultry, etc. (Section 3.24)

Leasing & rentals

Yes, rental of entire Lot and Improvements for residential purposes (Section 3.31)

Parking & vehicles

Prohibited overnight (Section 3.21)

Home business

Prohibited (all commercial activities prohibited except sales related to subdivision) (Section 3.35)

Signs & flags

ARC approval required; exceptions: one professionally made for sale/rent (24"x30") and one for owner name (24"x12"); builder may have 4'x4' sign; no sign nailed to trees; Declarant/ARC may remove violating signs (Section 3.4)

Use restrictions

Yes, except for sales activities by Declarant and construction (Section 3.1, 4.1, 3.35)

Voting & meetings

One class of voting memberships; each Owner of a Lot subject to assessment is a Member (Section 5.2, 5.3)

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