Bishop Arts Tenth Street Building No 2 Subordinate

Key facts from Bishop Arts Tenth Street Building No 2 Subordinate's documents

Reflects the 2019 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Recitals: "create a Condominium pursuant)

Legal name

Bishop Arts Tenth Street Building No. 2 Subordinate Condominium Association, Inc.

Units / lots

3 (initial) (Section 1.1 Definition of Condominium: ")

Management

Essex Association Management, LP

Governing law

Texas Uniform Condominium Act (Texas Property Code Chapter 82) (References to "the Act" and specific sec)

Assessments & dues

Association shall prepare a Budget showing Common Expenses and each Owner's monthly share; Monthly Assessment may be amended as reasonably necessary (Section 4.6: "Association shall prepare )

Collections & liens

Association has a lien on each Unit, Rents, and Insurance Proceeds for Assessments; lien prior to other liens except Master Declaration lien and Priority Lien Indebtedness recorded prior; enforceable by non-judicial foreclosure per Texas Pr (Section 7.3: "reserves and assigns to th)

Reserves & fees

Association maintains reserves (excluded from Declarant's payment of Common Expenses) (Section 7.4: "Declarant shall pay all th)

Insurance

Association shall obtain insurance coverage required by Master Declaration and Bylaws, and such other insurance as reasonably necessary for the Condominium (Section 6.2: "The Association shall obta)

Use restrictions

Yes, Units may be used only for residential purposes and ancillary purposes permitted by Governing Documents (Section 3.1: "A Unit may be used and occ)

Voting & meetings

Each Owner entitled to one vote per Unit owned (Section 4.2: "each Owner shall be entitl)

Amendments

During Declarant Control Period: Declarant with joinder of Master Declarant may amend without vote of Owners. Otherwise: approved by Owners holding at least 67% of votes, with written consent of at least 51% of Mortgagees, and joinder of Ma (Section 9.2)

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