Silver Ridge Residential

Key facts from Silver Ridge Residential's documents

Community type

Homeowners Association as of 2022 (Name of the Association: Silver Ridge Ph)

Legal name

Silver Ridge Phase II Homeowners Association as of 2022 (Name of the Association: Silver Ridge Ph)

Units / lots

Up to 60 tracts may be annexed; exact number not stated as of 1997 (Section 8.01: 'additional real property )

Management

Principal Management Group of North Texas

Governing law

Texas Property Code Chapter 209 as of 2022 (in compliance with the terms of Chapter )

Assessments & dues

$100.00 per acre per year as of 1997 (Section 4.04(a))

Special assessments

Allowed for unanticipated expenses or capital improvements; requires 75% vote when Declarant has Right of Appointment. After control passes, Board may levy up to annual assessment amount without vote. as of 1997 (Section 4.05)

Collections & liens

Automatic lien for unpaid assessments; power of sale granted to Association with notice under Texas Property Code Section 51.002 as of 1997 (Sections 4.01 and 6.04)

Reserves & fees

Not required; surplus may be carried forward at Board's discretion as of 1997 (Section 4.03)

Pets

Yes - normal house pets such as dogs and cats as of 1997 (Section VIII: 'other than normal house p)

Parking & vehicles

No old cars or junk structures; all vehicles must have current license, registration, and safety inspection as of 1997 (Section VIII: 'No old cars ...' and 'All)

Fences

All fences must be approved; no used materials; no chicken wire as of 1997 (Section III: 'Fences: All fences must be)

Architectural approval

Yes - for any residence, outbuilding, fence, wall, structure, or alteration as of 1997 (Section IV: 'No residence, out-building,)

Solar & roof

No more than three colors excluding roofing color; roofing color must be in neutral range; all color selections must be submitted in sample form as of 1997 (Section V: 'A given residence and its as)

Home business

Not explicitly allowed; impliedly prohibited by residential use restriction as of 1997 (Section II)

Signs & flags

Signs permitted only for sale of property, maximum 5 square feet as of 1997 (Section VIII: 'signs not exceeding five )

Setbacks / home size

Front: minimum 40 feet from front lot line; side: minimum 20 feet from side lot line; outbuildings must be behind building line as of 1997 (Section VI: 'No residence, out-building,)

Maintenance

Association responsible for maintenance of common roads, gates, fences, mailboxes and other Common Property; owners maintain their tracts as of 1997 (Section 2.03: 'maintain, repair, and rep)

Insurance

Association must maintain adequate general liability and officers' and directors' liability insurance as of 1997 (Section 9.07(a): 'The Association shall,)

Use restrictions

Yes - only single family residence and incidental out-buildings; no multi-family; no other use as of 1997 (Restrictive Covenants, Section II: 'Only)

Voting & meetings

Class A (each Owner one vote per Tract) and Class B (Declarant, votes = total Class A + 1). Class B converts to Class A when Declarant loses right to appoint board. as of 1997 (Section 3.03)

Amendments

During Declarant control: Declarant may amend for compliance, title insurance, lender requirements, or scrivener's error with consent of affected owners/mortgagees if needed. After control passes: 75% vote of Members, plus mortgagee consent as of 1997 (Article VII)

Amenities

No recreational amenities noted; above-ground pools prohibited; common roads, gates, fences as of 1997 (Section II: 'No above ground swimming po)

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