Silverleaf

Key facts from Silverleaf's documents

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

Community type

Residential development (Recital A: "general plan of development )

Legal name

Shannon Creek Homeowners’ Association, Inc. (or such other name Declarant shall select) (Section 1.1 definition of "Association")

Developer / declarant

SilverLeaf Communities LLC, a Texas limited liability company (Effective clause, Page 1)

Governing law

Texas Business Corporation Act (TBOC) and Texas Nonprofit Corporation Law (when incorporated), Texas Unincorporated Nonprofit Association Act (when unincorporated) (Section 9.1)

Assessments & dues

Board has power to levy assessments; details presumably in Bylaws or future resolutions. (Section 10.5(a)(7) etc.)

Special assessments

Not explicitly mentioned; Board may borrow funds secured by delinquent Owners or assets. (Section 10.5(b)(3))

Collections & liens

Declaration creates liens; assessment enforcement includes liens and foreclosure rights (general statement). (Introductory paragraph: "reservations, c)

Reserves & fees

Board may provide adequate reserves for repairs and replacements. (Section 10.5(b)(5))

Pets

Yes, domestic pets in reasonable number as determined by Association. (Section 7.11)

Leasing & rentals

Yes, minimum lease term of 1 year; lease must be in writing, copy to Association within 10 days of execution; tenants bound by Restrictions; Owner remains responsible. (Section 7.3)

Parking & vehicles

Not specifically addressed but parking restrictions apply to any part of Property. (Section 7.7)

Architectural approval

Yes, ACC approval required for any construction, modification, exterior change visible from street or Common Area, or that may adversely impact neighbors. (Section 6.3)

Home business

Allowed if no employees/customers present and no visible evidence; no other commercial activity. (Section 7.2: "no employee, customer, cli)

Signs & flags

One sign per Lot for sale/lease, max 4 sq ft; political signs allowed with restrictions; Declarant signs permitted; no other signs. (Section 7.13)

Maintenance

Owner responsible; insurance required. (Section 7.15)

Insurance

Association may maintain insurance on Common Area; specific coverage not stated. (Section 10.5(a)(3), (b)(2))

Use restrictions

Yes; no part of Lot may be used for any purpose other than one single-family Residence and permitted accessory improvements. (Section 7.1: "SINGLE FAMILY RESIDENTIAL )

Voting & meetings

One vote per Lot; co-owners share; no cumulative voting; may be suspended for delinquency or violation. (Sections 9.6, 9.8)

Amendments

Not detailed in this Declaration; references to amendment of Governing Documents (see Section 1.1). (Section 1.1 definition of "Governing Doc)

Amenities

Common Area may include improved or unimproved areas; not specifically listed except screening features, entrances, landscape islands. No pool, clubhouse, etc. mentioned. (Section 5.4)

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