Georgetown Square Civic Corporation

Key facts from Georgetown Square Civic Corporation's documents

Reflects the 2025 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Townhouse subdivision with homeowners association (Second Amended and Restated Declaration )

Units / lots

55 homes or lots designated as home sites in the subdivision (Articles of Incorporation Article Eight )

Governing law

Texas Non-Profit Corporation Act (Articles of Incorporation reference) and Texas Business Organizations Code Chapter 22 (Bylaws Article IV Section 9(o)) (Articles of Incorporation preamble; Byla)

Assessments & dues

Rate set by Board and approved by majority vote at annual meeting; if not set, prior year rate continues. (Bylaws Article VI Section 2)

Special assessments

May be levied for capital improvements, unexpected repairs, operations; approved by majority of Members present in person or proxy at a meeting called for that purpose (Declaration Article IV Section 4A)

Collections & liens

Continuing vendor's lien secures assessments, late charges, fines, interest, costs, attorney's fees. Lien superior to all except ad valorem taxes and first mortgage. Foreclosure allowed judicially or non‑judicially under Texas Property Code (Declaration Article IV Section 2 (lien c)

Reserves & fees

Budget may include capital contribution or reserve; Board may prepare separate capital budget. (Declaration Article IV Section 3)

Leasing & rentals

Tenants of members have all privileges of membership except voting (unless given proxy by landlord). Rental rules not otherwise specified. (Articles of Incorporation Article Eight )

Architectural approval

Board may adopt Rules and regulations regarding construction; there is a Construction Review Authority (CRA) appointed by Board, not composed of current Board members or their relatives. (Declaration Article I(g) (CRA defined); )

Maintenance

Owner: frame of roof, roof; Association: not responsible unless on Common Property (Declaration Article V Section 2 ('includ)

Insurance

Board shall insure insurable Common Property at maximum replacement value and obtain comprehensive liability insurance covering entire Common Property in amounts determined by Board. (Bylaws Article IV Section 9(d))

Use restrictions

Not explicitly stated, but implied by definition of Units as 'townhome residence' and property restricted to residential use (Declaration Article I(o) ('Unit shall me)

Voting & meetings

Each Unit is entitled to one vote; when multiple owners, one vote per unit; delinquent members may lose voting rights (Bylaws Article II Section 2; Declaration)

Amendments

Declaration: may be amended by written consent of at least 51% of Owners; Bylaws: may be amended by majority vote of Members at any regular or specially called meeting. Board may amend Declaration to comply with Texas or federal law in open (Second Amended and Restated Declaration )

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