Sand Dollar II

Key facts from Sand Dollar II's documents

Reflects the 1984 governing documents — figures and rules are as originally recorded and may have changed since.

Developer / declarant

Sand Dollar Company, a general partnership of Reidda Construction Co. and IPI, Inc. (First paragraph)

Governing law

Texas Property Code Section 81.001 et seq. (Condominium Act) (Preamble and Article I)

Assessments & dues

Common expenses charged according to common interest percentages. Assessments approved by Council. (Article XIV Sections 2, 4)

Special assessments

Allowed. Assessments for emergencies or otherwise made by Council in accordance with Condominium Act and Condominium documents. (Article XIV Section 7)

Collections & liens

Council has a lien on each apartment for unpaid assessments, prior to other liens except taxes and first mortgages. Lien may be foreclosed as a deed of trust under Texas law. (Article XIV Sections 10, 11)

Reserves & fees

Council shall establish and maintain an adequate reserve fund for periodic maintenance, repair, and replacement of improvements to common areas, maintained out of regular assessments. (Article XIV Section 12)

Pets

Yes, subject to rules and regulations adopted by Council. Dogs, cats, or other household pets may be kept in apartments. (Article XV Section 3(e))

Leasing & rentals

Yes. Co-owner may lease or rent apartment provided it is in accordance with Council's governing instruments and rules. (Article XV Section 3(a))

Architectural approval

Yes. No owner shall do work affecting apartment that jeopardizes safety or impairs easements, or perform work on exterior of building, balconies, etc., without prior written consent of Council. Also no alteration of common elements without (Article XI Section 1 and Article X Secti)

Insurance

Deductible prorated as common expense unless casualty caused by owner's negligence, then assessed to that owner. (Article XVIII Section 5)

Use restrictions

Building intended for multi-unit residential apartment condominium. No co-owner shall occupy or use apartment for any purpose other than as a private residence. (Article VI Section 1 and Article XV Sect)

Voting & meetings

One vote per apartment. If co-owned, majority determines vote; if no majority, apartment cannot vote. (Article XIII Section 5)

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