River Crest Homeowners

What River Crest Homeowners's governing documents say

River Crest is a condominium community in Tarrant County, TX — you own your individual unit and share ownership of the building's common elements (General and Limited Common Elements). The Association manages the common elements, carries insurance, and levies assessments for operating expenses and reserves. These governing documents bind all unit owners.

• What you own & maintain: You own the interior of your unit (from interior finished surfaces). The Association maintains all General Common Elements (e.g., grounds, pools, roofs, exterior walls, parking lots) and Limited Common Elements assigned to your unit (e.g., specific parking space, patio, balcony). You are responsible for interior repairs and any damage caused by your negligence.
• Leasing & rentals: Leases are allowed but must be for a term of at least 6 months (no hotel/transient use) and no longer than 1 year. You must lease the entire unit (not rooms). All leases must be in writing, copied to the Board, and include a provision binding the lessee to the Declaration, Bylaws, and rules. The owner remains responsible for compliance.
• Occupancy limits: Maximum occupancy per unit based on bedrooms: no more than 3 people in a 3-bedroom, 2 people in a 2-bedroom, and 2 people in a 1-bedroom. A den counts as a bedroom.
• Pets: No animals or birds of any kind may be raised, bred, or kept in a unit or on the property except as permitted by the Association's Bylaws or published rules and regulations.
• Parking & vehicles: No boats, trailers, campers, mobile homes, recreational vehicles, or trucks (other than standard-size pickup) may be parked or stored on the property. Vehicles must be in operating condition and have no obtrusive business signage. Noisy or smoky vehicles are prohibited on Association property.
• Use restrictions & signs: Units are for residential use only; no trade or business allowed except with Board approval. Only Declarant may place signs in common elements for sales until all units are sold. No 'for sale' or 'for rent' signs may be displayed by other owners.
• Assessments & fees: All owners pay regular monthly assessments and may be subject to special assessments. Assessments are based on the unit's Common Interest (proportionate share) and are secured by a lien on the unit. The Association can foreclose on a unit for nonpayment. Unpaid assessments survive sale unless expressly released.
• Right of first refusal: The Declaration references a right of first refusal for transfers (Section 7.8.2), but the specific terms are not fully legible in this excerpt. Owners should consult the full document for details on when Association approval is required before a sale or lease.

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.