Bishop Arts Tenth Street Condominium Association, Inc.

Key facts from Bishop Arts Tenth Street Condominium Association, Inc.'s documents

Reflects the 2018 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Header and Section 1.1 'Condominium')

Units / lots

Initially 24 units (8 phases, 3 units per phase); Declarant may create up to 135 units (Section 2.1(a))

Governing law

Uniform Condominium Act, Texas Property Code Chapter 82 (Section 1.1 'Act')

Assessments & dues

Initial Monthly Assessment $125 per Unit per month for calendar year 2018 (Section 8.1(a))

Special assessments

Association may establish Special Assessments as necessary for non-recurring Common Expenses (Section 8.1(c))

Collections & liens

Association has a lien to secure payment of assessments, subordinate to priority first mortgages; may foreclose non-judicially under Texas Property Code (Section 8.5 and Section 8.6(d))

Reserves & fees

Working Capital Maintenance Fund established (unrestricted during Declarant Control Period); Board may restrict later (Section 8.11)

Leasing & rentals

Units may be leased subject to Regulations (Section 3.3)

Fences

Not detailed; any improvement including fences requires Architectural Approval (Section 5.2(b))

Architectural approval

Architectural Reviewer shall approve or disapprove within a reasonable time (not explicitly specified) (Section 5.2(c) – 'reasonable time')

Signs & flags

Owners may erect Signage on Skin of Unit with Architectural Reviewer approval (sole discretion) and compliance with Legal Requirements (Section 3.4)

Maintenance

Roof is part of Skin, maintained by Association (Section 3.8(e) Skin Easement)

Insurance

Association shall obtain insurance required by the Act and Bylaws, including property and liability on Common Elements (Section 7.2)

Use restrictions

Units shall only be used for residential purposes and ancillary uses permitted by ordinances (Section 3.1)

Voting & meetings

Each Owner entitled to one vote per Unit owned (Section 4.2)

Amendments

Amendment to Declaration via recorded amendment (Section 12.2); not fully detailed (Section 12.2)

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