One Main Place Condominium Association

Key facts from One Main Place Condominium Association's documents

Reflects the 1972 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Title and throughout)

Governing law

Condominium Act of the State of Texas (Paragraph 1(a) Definitions, ‘Act’)

Assessments & dues

Not fixed; set by annual budget prepared by Board (By-Laws Art.V, Sec.1: ‘The Board shall p)

Special assessments

Yes; if annual budget insufficient, Board may prepare supplemental budget and assess each owner pro-rata (By-Laws Art.V, Sec.3: ‘the Board shall p)

Collections & liens

Unpaid assessments constitute a lien on the unit, subordinate to tax liens and prior mortgages; lien may be foreclosed in like manner as mortgages (Declaration Paragraph 16: ‘the whole amo)

Reserves & fees

Budget includes reserve for contingencies and reserve for common expenses (By-Laws Art.V, Sec.1(a): ‘provide for a )

Pets

Allowed subject to Board rules; Board may regulate ‘control of pets’ (By-Laws Art.II, Sec.2(k): ‘regulation of)

Use restrictions

Yes; apartments used for residential purposes only; no professional office, business, or commercial purpose (Declaration Paragraph 32(1) and (3): ‘us)

Voting & meetings

One vote per apartment unit; aggregate 10 votes; joint owners divide proportionally; Developer may vote for unsold units (Paragraph 12: ‘The aggregate number of v)

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