Granada Residential Community, Inc.

Key facts from Granada Residential Community, Inc.'s documents

Reflects the 2013 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Granada Residential Community, Inc.) (Definition of 'Association', Article 1)

Developer / declarant

MAGUIRE PARTNERS — SOLANA LAND, L.P., a Texas limited partnership (Preamble)

Governing law

Texas non-profit corporation law (implied); specific statute not named (Definition of 'Association', Article 1)

Assessments & dues

Board estimates annual expenses and levies assessments uniformly per Assessment Unit (each Lot); may be paid in monthly installments or as Board designates (Sections 6.03, 6.08)

Special assessments

Board may levy special assessments in addition to regular assessments (Section 6.06)

Collections & liens

Assessment lien secures all sums; superior to all liens except tax liens, first mortgages/deeds of trust for acquisition/improvement, and home equity loans recorded before delinquency; Association may foreclose (Section 6.11)

Reserves & fees

Amenity reimbursement fee of $750.00 per Lot payable to Declarant upon transfer from Declarant; Declarant may waive (Section 6.05)

Pets

Only domestic household pets; no pigs, hogs, swine, poultry, fowl, wild animals, horses, cattle, sheep, goats, or non-traditional pets (pot-bellied pigs, miniature horses, goats, exotic snakes/lizards, ferrets, monkeys, chickens) (Section 2.10)

Leasing & rentals

Rentals permitted for residential purposes (Section 2.03)

Parking & vehicles

No parking on streets except emergencies; 'parked' means unattended for more than 30 consecutive minutes (Section 2.23)

Fences

Fences must not be nearer to street than front elevation of residence, except as approved; fencing requirements in Design Guidelines (Section 3.05)

Architectural approval

No Improvements constructed without prior written ACC approval, except by Declarant (Section 3.01)

Solar & roof

During Development Period, Declarant must approve; after, ACC approval required; must be on roof or in fenced area; roof-mounted must not extend beyond roofline; colors limited to silver, bronze, or black (Section 3.12)

Home business

Home business permitted if not visible/detectable from outside, conforms to zoning, no door-to-door solicitation, no excessive traffic, and consistent with residential character (Section 2.02)

Signs & flags

No signs without ACC approval except: permitted by Design Guidelines/Rules, Declarant's marketing signs, one temporary For Sale/For Lease sign (max 5 sq ft per side, max 4 ft height, removed within 2 business days), political signs (erected (Section 2.17)

Setbacks / home size

Set forth in Design Guidelines (Section 3.03)

Maintenance

Owner responsible for repair/restoration of damaged structures (Section 5.02) (Section 5.02)

Insurance

Association may obtain liability and property damage insurance as Board deems necessary; premiums are common expense (Section 5.01)

Use restrictions

Lots used solely for single-family residential purposes; no more than one residence per Lot (Section 2.02)

Voting & meetings

One vote per Lot owned; Declarant has additional votes equal to number of Lots owned by Declarant until Development Period ends; co-owners must designate one voter (Section 4.04)

Amendments

Not detailed in this excerpt; reference to Article 9.03 (Amendment) in table of contents (Table of Contents, Article 9.03)

Amenities

Common Area includes private roadways; no specific amenities (pool, clubhouse, etc.) listed in this document (Definition of 'Common Area', Article 1)

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