Faulkner Point Homeowner

Key facts from Faulkner Point Homeowner's documents

Reflects the 1980 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium with Homeowners Association (Original Declaration title and definitio)

Legal name

FAULKNER POINT HOMEOWNERS ASSOCIATION, INC. (Para 1.1f)

Units / lots

76 (Phase I: 40, Phase II: 36) (Supplemental: "total of seventy-six and )

Governing law

Condominium Act of the State of Texas, Article 1301a, Revised Civil Statutes of Texas (WHEREAS paragraph in original Declaratio)

Special assessments

Allowed for capital improvements or unbudgeted costs with 2/3 vote of Members present; also for breach requiring repair (Para 1.1s)

Collections & liens

Association has lien for assessments (Para 5.9 (heading))

Reserves & fees

Yes, for replacement fund (Para 1.1b, 5.3)

Pets

Yes, dogs, cats, fish, birds and other household pets subject to rules (Para 2.9e(12))

Leasing & rentals

Yes, but not for hotel or transient purposes; entire Unit must be leased (Para 2.9e(13))

Parking & vehicles

Park only in designated parking spaces (Para 2.9e(9))

Architectural approval

Yes, for any alteration, modification, addition to Common Elements or exterior changes (Para 3.8)

Home business

Incidental uses allowed: maintaining professional library, business records, handling personal business phone calls/correspondence (Para 2.9a(1)-(3))

Maintenance

Owner responsible for cost of repair caused by willful/negligent acts not covered by insurance (Para 3.10)

Insurance

Owner must obtain additional insurance for furnishings, personal property, liability within Unit (Para 4.6d)

Use restrictions

Yes, each Unit used as residential dwelling for Owner, family, social guests or tenants (Para 3.4)

Voting & meetings

One vote per Unit, weighted to proportionate share of Common Elements ownership (Para 4.5b)

Amendments

Declarant may amend without joinder of Unit Owners or Mortgagees to correct errors or comply with lender requirements; no vested property rights materially affected (Supplemental (also original Para 8.1?))

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