Holly Hill Homeowners As

What Holly Hill Homeowners As's governing documents say

Holly Hill Townhomes is a 24-unit townhome (condominium) community in University Park, TX. You own your unit in fee simple plus an undivided 1/24th share in the common elements. The association maintains the exterior walls, roofs, common areas, and master insurance; you maintain your unit's interior, individual air conditioning, patios, and balconies.

• What you own & maintain: You own the interior of your unit including walls, floors, ceilings, and fixtures, plus your individual air conditioning unit. The association maintains exterior walls, roofs, common elements, landscaping, and carries master property and liability insurance (premiums charged as common expenses). Patios and balconies are limited common elements you must maintain; their exterior surfaces are treated as common elements.
• Leasing & rentals: Leases must be in writing and state they are subject to the declaration, bylaws, and articles. Other than that, there are no restrictions on a unit owner's right to lease. No minimum lease term is stated.
• Pets: Pets and small caged birds are permitted in your unit, subject to association regulations. Pets must be leashed in common areas and are not allowed in recreational facilities. Regulations may change, but existing pets at the time of a change are grandfathered.
• Parking & vehicles: Each unit is entitled to at least one off-street parking space, initially assigned by the developer or later by the association. You must use only your assigned space.
• Assessments & fees: Common expenses are assessed per unit in proportion to each unit's 1/24 share. Assessments are due semi-annually unless the board changes the schedule. Unpaid assessments bear 10% annual interest and become a lien on the unit, enforceable by foreclosure. The association can also levy special assessments.
• Alterations & appearance: No material alterations or additions to common elements or exterior portions of buildings without board permission. No signs except one 'For Sale' or 'For Rent' sign (max 18x24 inches). No exterior antennas or aerials. No screens, jalousies, or enclosures on balconies without board approval.
• Use restrictions: Units may be used only as a single-family residence for the owner, family, and social guests. No nuisances, illegal acts, or activities that increase insurance rates. Pipes, wires, and conduits serving more than one unit are common elements.

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.