Valdez Street Site Condominiums

Key facts from Valdez Street Site 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

Valdez Street Site Condominiums

Developer / declarant

Castillo Acquisitions, LLC (Preamble)

Governing law

Texas Uniform Condominium Act, Chapter 82 Texas Property Code (Recital 2)

Assessments & dues

Board estimates annual expenses, allocates equally per Unit (Section 4.05)

Special assessments

Allowed for unexpected expenses (Section 4.06)

Collections & liens

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

Reserves & fees

Required; funded through regular monthly assessments (Section 7.01(j))

Pets

Not restricted in declaration; Rules truncated, no pet rule visible (Declaration not mention pets)

Parking & vehicles

Park in assigned spaces; no parking on grass, sidewalks; no blocking emergency vehicles; vehicles may be parked on Property overnight (Rules Section 14)

Fences

Fence on dividing line requires agreement between Unit Owners; cost shared equally if agreed; otherwise erecting Owner pays and gets preferred side (Section 2.03(c))

Maintenance

Owner responsibility (Section 5.02(a) (roof, foundation, struc)

Insurance

Each Unit Owner must maintain individual property insurance for full insurable replacement value (Section 6.01(a))

Use restrictions

true (Recital 4 (residential condominium units)

Voting & meetings

Per Unit basis; equal number of votes per Unit; if multiple owners, unit with most owners gets one vote per owner, other unit gets equal number (Section 3.03)

Amendments

Requires 67% of ownership interests; cannot alter without affected Owner and first lien mortgagee consent (Section 8.01)

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