Water Ridge Property Owner's Association

Key facts from Water Ridge Property Owner's Association's documents

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

Developer / declarant

Water Ridge, L.P., a Texas Limited Partnership, acting through its General Partner Water Ridge Development Company, L.L.C. (Declaration of Annexation of The Cliffs )

Governing law

Texas Property Code Section 209.016(e)(1)-(2) (disclosure of lessee info); Texas Property Code Section 202.001(1) (definition of Dedicatory Instruments); Texas Business Organization Code (amendment of By-Laws) (Leasing Policy §5; By-Laws Art VI F; Cer)

Special assessments

Board may make special assessments; payment schedule established by Board. (By-Laws Art III C Sec 1(b))

Collections & liens

Fines and assessments constitute a lien on the lot; foreclosure available per Declaration. (By-Laws Art III C Sec 6; Leasing Policy )

Reserves & fees

Board may deposit reserve funds in depositories other than banks in their best business judgment. (By-Laws Art III C Sec 1(c))

Leasing & rentals

Yes, subject to minimum term and other restrictions. (Leasing Policy §2, §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.