2917 Cherrywood Condominiums

Key facts from 2917 Cherrywood Condominiums's documents

Reflects the 2024 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

2917 Cherrywood Condominium Association (Section 1.01, 3.01)

Units / lots

Initially 2, maximum 3 (Section 1.19, 2.17(f))

Developer / declarant

Christopher Bunker and Brandon Scott Formini, individually (Preamble)

Governing law

Texas Uniform Condominium Act (TUCA), Chapter 82 Texas Property Code (Preamble, Section 1)

Assessments & dues

Members estimate net charges annually, assess according to Exhibit B percentages, payable in equal monthly installments (Section 4.05)

Special assessments

Allowed if Regular Assessments inadequate; levied and collected same as Regular (Section 4.06)

Collections & liens

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

Reserves & fees

Moneys collected put into a maintenance and reserve fund for Common Elements (Section 4.01)

Fences

Unit Owner may erect fence on dividing line with agreement on style/type; if no agreement, desiring Owner bears cost and gets preferable side; shared fence maintenance cost shared equally by Units served; fencing in drainage areas must have (Section 2.05(d), 1.05(c))

Voting & meetings

Each Unit has percentage: initially Unit 1 = 50%, Unit 2 = 50%; if subdivided each Unit 1/3; co-owners share equally within unit (Section 3.03)

Amendments

During Development Period, Declarant may amend without other Owner consent for specified purposes; after? Not specified; Section 2.17(h) grants amendment powers to Declarant; also Section 3.12(c) requires Declarant's written consent to amen (Section 2.17(h), 3.12)

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