1010 E 49th Condominiums

Key facts from 1010 E 49th Condominiums's documents

Reflects the 2021 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Preamble - "submits the Property to a co)

Legal name

1010 E 49th Condominiums

Developer / declarant

cloud avenue LLC, a Texas limited liability company, address 815-A Brazos Street, #543, Austin, Texas 78701 (Preamble)

Governing law

Texas Uniform Condominium Act (TUCA), Texas Property Code Chapter 82 (Preamble, paragraph 2)

Assessments & dues

Members estimate cash requirements annually; assessed equally per Unit (Section 4.05 and Exhibit B (common expen)

Special assessments

Allowed when Regular Assessments are inadequate (Section 4.06)

Collections & liens

Association has lien for delinquent assessments; may foreclose non-judicially under Texas Property Code §51.002 (Section 4.04)

Reserves & fees

Maintenance and/or reserve fund to defray Common Element expenses (Section 4.01)

Fences

Fences on dividing lines of Limited Common Elements: cost shared equally if agreed, style must be agreed, otherwise existing style is reasonable; no fencing that impedes ingress/egress; drainage fencing must have 24 inches of wire at bottom (Section 2.03(d))

Architectural approval

Changes to Unit or Limited Common Elements not specifically allowed require written consent of other Unit Owners (Section 2.03)

Insurance

Members may decide to obtain master property insurance for full insurable replacement value of Units and Common Elements, including fire and extended coverage (Section 3.08(c)(iii))

Voting & meetings

Each Unit has one-third (1/3) of votes (Section 3.03 and Exhibit B)

Amendments

Amendment by Declarant without other Owner consent during Development Period for limited purposes (Section 2.16(j)); changes to percentage interests require all Owners' consent in an amended recorded Declaration (Section 2.06) (Sections 2.06, 2.16(j))

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