Coppell Royal Oaks

Key facts from Coppell Royal Oaks's documents

Reflects the 1995 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Royal Oaks

Governing law

Texas Condominium Act (Recitals, Article I Section 1, Article X)

Assessments & dues

Board adopts annual budget; assessments levied on all apartment-homes in accordance with percentage interest in common elements as per Declaration. (Article IV Section 3.A)

Special assessments

Board may levy special assessments for needs beyond budget, but any such assessment (except for budget shortfall) requires prior approval of 75% of percentage values of all co-owners. (Article IV Section 3.B)

Collections & liens

A vendor's lien is created on each apartment-home to secure assessments, interest, late charges, costs, and attorney's fees. Lien may be enforced by suit, judgment, and judicial or nonjudicial foreclosure per Texas law (Tex. Prop. Code §51. (Article IV Section 7)

Reserves & fees

Annual budget may include a reasonable allowance for contingencies and reserves. (Article IV Section 3.A)

Pets

Household pets may be kept, but not for commercial purposes; must not be obnoxious or offensive; no savage or dangerous animals; must comply with City of Dallas vaccination and registration requirements; dogs must be on leash and under cont (Article VIII Section 7)

Leasing & rentals

A co-owner may lease his apartment-home for residential purposes; no rooms may be rented and no transient tenants accommodated. (Article VIII Section 4)

Home business

Business activities may be conducted within an apartment-home if: not apparent by sight/sound/smell from outside; conforms to zoning; no regular visitation by clients, customers, suppliers; consistent with residential character and no nuisa (Article VIII Section 1)

Insurance

Deductible treated as common expense unless Board determines loss resulted from negligence or willful conduct of a co-owner or occupant, then specifically assessed against that apartment-home. (Article VI Section 1(e))

Voting & meetings

Each co-owner entitled to vote equal to the total percentage value allocated to their apartment-homes as set forth in the Declaration. (Article I Section 3(c))

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