Edgewater Homeowners Association, Inc.

Key facts from Edgewater Homeowners Association, Inc.'s documents

Reflects the 2002 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Edgewater Homeowners Association, Inc.

Units / lots

80 maximum (Section 2.5)

Assessments & dues

Board estimates annual expenses, deducts expected income and surplus, then levies assessments sufficient to pay net expenses. Amount final and binding if good faith. (Art.5.2)

Special assessments

Allowed whenever Board deems necessary; amount determined by Board in its sole discretion. (Art.5.3)

Collections & liens

Unpaid assessments are a continuing lien on the Lot, superior to all except tax liens and first mortgages recorded before assessment due. Foreclosure like mortgage under Texas Property Code. (Art.5.5)

Reserves & fees

Provision for appropriate replacement reserves in annual budget. (Art.5.2)

Pets

Yes, ordinary household pets such as dogs and cats, not to exceed 2 each in number. No dangerous animals. No poultry or livestock. (Art.2.12)

Home business

Owners may work from home provided no storage of inventory for sale, retail business, or client/visitor meetings incidental to business in any Building. (Art.2.1(a) proviso)

Use restrictions

All lots improved and used solely for single family residential use and accessory uses. No manufacturing, trade, business, commerce, industry, profession or other occupation. (Art.2.1(a))

Voting & meetings

Each Owner (excluding Declarant) has one vote per Lot; Declarant has 30 votes per Lot owned. Multiple Owners of a single Lot must vote in agreement as amended. (Art.4.3(a) and Second Amendment)

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