Watson Street Condominiums

Key facts from Watson Street Condominiums's documents

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

Community type

Condominium (Preamble: 'submits the Property to a con)

Legal name

Watson Street Condominiums

Developer / declarant

Chaise Middleton, an Texas Limited Liability Company (First sentence of Declaration)

Governing law

Texas Uniform Condominium Act (TUCA), codified in Chapter 82 of the Texas Property Code (Preamble paragraph 2)

Assessments & dues

Not fixed; determined annually by Board (Section 4.05)

Special assessments

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

Collections & liens

Association has lien on unit for delinquent assessments; authorized to 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))

Fences

Unit Owner may erect fence on dividing line of Limited Common Elements with mutual agreement; costs shared if on dividing line; otherwise erecting Owner bears cost and has exclusive right to finish (Section 2.03(a))

Maintenance

Association responsible if work affects multiple Units and determined necessary by third-party expert (Section 3.08(a)(i))

Insurance

Property insurance for full insurable replacement value of Units and Common Elements; commercial general liability insurance of at least $1,000,000 per occurrence (Section 3.08(c)(c) and (d))

Voting & meetings

Equal votes per Unit (one Unit, one vote); 50% allocation each per Exhibit B (Section 3.03 and Exhibit B)

Amendments

Declaration may be amended at a meeting of Owners by at least 67% of ownership interests; amendment recorded with county clerk (Section 8.01(a) and (c))

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