Caruth Vlg Homeowners As

Key facts from Caruth Vlg Homeowners As's documents

Community type

Homeowners Association (HOA) – Caruth Village Homeowners Association as of 2012 (Title and recitals)

Legal name

THE CARUTH, a Condominium

Units / lots

338 Condominium Units and 12 Parking Units as of 2004 (Definitions - Condominium, Page 6)

Developer / declarant

Caruth at Lincoln Park LP as of 2004 (Definitions - Declarant, Page 6)

Governing law

Uniform Condominium Act, Texas Property Code, Chapter 82, Section 82.001 et seq. as of 2004 (Definitions - Act, Page 4)

Assessments & dues

Monthly Assessment established by Board of Directors sufficient to pay all Common Expenses when due as of 2004 (Section 6.1(a), Page 20)

Special assessments

Allowed; for alteration/improvement requires approval of 67% of Allocated Interests; otherwise no owner approval unless required by Article VII as of 2004 (Section 6.2, Page 24-25)

Collections & liens

Association has lien for assessments, enforceable by non-judicial foreclosure under Texas Property Code 51.002; power of sale granted by owner as of 2004 (Section 6.5, Page 22)

Reserves & fees

Association shall establish and maintain an adequate reserve fund for periodic maintenance, repair and replacement of Common Elements, funded by Monthly Assessments as of 2004 (Section 5.1(b), Page 16)

Leasing & rentals

Yes, entire Condominium Unit (not less than entire unit) for private residential purposes only as of 2004 (Section 3.1(b), Page 9)

Parking & vehicles

Parking Units are for parking; Garage Spaces are part of each Condominium Unit used exclusively for parking; Parking Units may be leased only to Owner or tenant of an Owner as of 2004 (Section 3.1(a) and (b), Pages 8-9)

Architectural approval

Prior written consent of the Association required for alterations affecting structural soundness, exterior appearance, systems serving more than one unit, or any warranty as of 2004 (Section 5.2, Page 13)

Signs & flags

Declarant may maintain signs advertising Units (Special Declarant Rights); no rule regarding owner signs extracted as of 2004 (Special Declarant Rights (iv), Page 9)

Maintenance

Association may remove fixtures to maintain, repair or replace the roof; likely Association responsibility as part of Common Elements as of 2004 (Section 3.4(c) Roof Easement, Page 10)

Insurance

Not to exceed $25,000 as of 2004 (Section 5.4(a)(1), Page 15)

Use restrictions

Yes, no Condominium Unit shall be used or occupied for other than single-family residential purposes (except units owned by Declarant during development) as of 2004 (Section 3.1(a), Page 8-9)

Voting & meetings

During Declarant Control: one vote per Condominium Unit; after: vote weight equals undivided interest in Common Elements as of 2004 (Section 4.2, Page 14)

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