Island Retreat I

Key facts from Island Retreat I's documents

Reflects the 2009 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Article I, §1: 'Island Retreat II Condom)

Governing law

Texas Condominium Act (Article IX: 'to comply with the requirem)

Assessments & dues

Pro-rata share based on same percentages as undivided ownership in general common elements (per Enabling Declaration paragraph 7) (Article V, §1: 'their pro-rata part, in )

Special assessments

Allowed; authorized by Council of Co-Owners under Paragraph 10, Section 1 of Enabling Declaration (Article III, §2(b): 'any special assessm)

Collections & liens

Assessments pro-rata become liens against respective units at time due, subordinate to certain other liens as stated in Enabling Declaration (Article V, §1: 'All such assessments sha)

Pets

Yes, with restrictions: on leash and attended by owner at all times (Article V, §18: 'All pets on the condomi)

Leasing & rentals

Yes; owner may use any rental agent or rent directly; no requirement to use Agent (Article III, §4: 'the owner may, at his )

Use restrictions

Yes (Article V, §5: 'All apartment units shal)

Voting & meetings

Percentage basis; each owner's vote percentage equals the percentage of undivided ownership in general common elements as per Enabling Declaration paragraph 7 (Article I, §1: 'Voting shall be on a per)

Amendments

By-laws may be amended by Council of Co-Owners in a duly constituted special or regular meeting; amendment requires approval of owners representing at least 51% of total votes based on percentages established for undivided ownership in gene (Article VII, §1: 'These By-Laws may be a)

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