Threshold Ranch Homeowners Association

Key facts from Threshold Ranch Homeowners Association's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned Unit Development (Residential Airpark) (Text: 'Threshold Ranch Planned Unit Deve)

Units / lots

At least 74 (lots referenced up to 74, but exact count not given) (2013 Amendment Section 5 T (lists lots 1)

Developer / declarant

Threshold Ranch LP, a Texas Limited Partnership, by and through its general partner Osprey Soaring School, Inc. (2011 Amendment preamble; 2013 Amendment )

Governing law

Texas Property Code (Bylaws Section 5.2.1, 6.6.2, 10.1.1, 13.)

Assessments & dues

Rate changes administered by Board; Board may establish need for and approve increase of annual assessment; special assessments subject to majority vote of members (2011 Amendment Art II Sec 3,4; Bylaws Se)

Special assessments

May be subject to majority vote of members per by-laws; Board may also establish need for and approve special assessments (2011 Amendment Art II Sec 4; Bylaws Sect)

Reserves & fees

$100 administrative fee for transfer, refinance, and resale certificates (2011 Amendment Article II Section 1 C)

Voting & meetings

Each Member casts votes as per Declaration; cumulative voting prohibited; majority vote for adoption unless greater proportion required (Bylaws Sections 4.1, 4.2, 4.3)

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