Reflections of Walnut Ridge Association Inc.

Key facts from Reflections of Walnut Ridge Association Inc.'s documents

Community type

Condominium (with Association: REFLECTIONS OF WALNUT RIDGE ASSOCIATION, INC.) (Article 1.1f: 'Condominium Owners Associ)

Developer / declarant

NASH PHILLIPS/COPUS, INC., a Texas corporation, principal office at 5200 La Calma, Austin, Texas, 78752 (WHEREAS paragraph (first WHEREAS))

Governing law

Texas Condominium Act, Title 7, Chapter 81, Texas Property Code (WHEREAS paragraph (third WHEREAS))

Assessments & dues

Board determines annual budget and sets monthly assessment; initial assessment per Exhibit C; monthly due first day of month; late charge after 15th. (Article 5.1: 'Assessments for the estima)

Special assessments

Allowed for capital improvements or unbudgeted costs with 2/3 vote of quorum of Owners; also for breach of Declaration by a Unit Owner. (Article 1.1s: 'Special Assessments' defi)

Collections & liens

Unpaid assessments constitute a lien on the Unit superior to all other liens except taxes and purchase money mortgages; foreclosure via power of sale under Texas Property Code Section 51.002; Association may bid and hold the Unit. (Article 5.8: 'shall constitute a lien on)

Reserves & fees

Association shall establish a reserve for repair, maintenance and other charges. (Article 5.2: 'the Association shall esta)

Pets

Dogs, cats, fish, birds and other household pets may be kept in Units subject to Association rules, not for commercial purposes, and in reasonable quantities. (Article 2.9e(12): 'Dogs, cats, fish, bir)

Leasing & rentals

Yes, but with restrictions: lease must be in writing, for entire Unit, not for less than 30 days. (Article 2.9e(13): 'No Unit Owner shall b)

Parking & vehicles

Prohibited; included in recreational vehicles list: camper unit, motor home, truck, trailer, boat, mobile home. (Article 2.9e(9): 'any recreational vehic)

Architectural approval

Prior written consent of Board required for any alteration, modification, addition to Common Elements or any work impairing structural soundness. (Article 3.8: 'No Owner shall in any way )

Home business

Permitted only as customarily incidental to residential use: maintaining personal professional library, business records, handling telephone calls and correspondence. (Article 2.9a: '(1) Maintaining his perso)

Maintenance

Owner maintains interior, patio space, storage space, fixtures, heating/cooling system. Association maintains Common Elements including roofs, exterior surfaces, grounds, etc. (Article 3.7: 'An Owner shall maintain an)

Insurance

Association maintains blanket policy for fire, extended coverage, vandalism, malicious mischief, etc., for full insurable replacement cost of Common Elements and Units. (Article 4.6a: 'The Association shall obt)

Use restrictions

Each Unit used only as a residential dwelling for Owner, family, social guests, or tenants; no part of Property used for purposes other than housing and related common purposes. (Article 2.9a: 'no part of the Property m)

Voting & meetings

One vote per Unit, weighted by proportionate interest in Common Elements; total weighted votes equal 100%. (Article 4.5b: 'Unit ownership shall enti)

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