Dallas Buzz Condominiums Owners' Association, Inc.

Key facts from Dallas Buzz Condominiums Owners' Association, Inc.'s documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Texas Uniform Condominium Act, Chapter 82 Texas Property Code) (Declaration Article I Section 1.01; Rule)

Units / lots

0 (condominium, not a lot subdivision) (Community type)

Governing law

Texas Uniform Condominium Act (Chapter 82 of Texas Property Code) (Declaration Article I Section 1.01)

Assessments & dues

Set by Board based on annual budget; amount not fixed in documents (Declaration Article XV Section 15.02)

Special assessments

Permitted for capital improvements, indemnity obligations, or similar purposes (Declaration Article XV Section 15.03)

Collections & liens

Association has lien to secure assessments; power of sale; foreclosure per Texas Property Code Section 51.002; lien superior to all but first mortgage and taxes (Declaration Article XV Section 15.04)

Reserves & fees

Interest at Default Interest Rate (board-determined, not exceeding max lawful rate, else 18% per annum) (Declaration Article XIII Sections 13.01 )

Pets

Yes, subject to rules (Rule J-1)

Leasing & rentals

Yes, with restrictions (Declaration Article VII Section 7.02; Ru)

Parking & vehicles

Large commercial trucks, industrial vehicles not permitted without board consent; passenger trucks and small vans allowed if operable (Rule H-1)

Architectural approval

Yes, for changes to common elements, exterior alterations, window treatments, antennas, etc. (Rule G-1, G-4; Declaration Article XIV S)

Home business

Allowed if incidental, conforms to laws, no external evidence, no more than occasional visits, and no parking violation (Rule D-1)

Signs & flags

Prohibited on common elements, exterior walls/doors, or visible from outside unless approved and maintained by board (Rule G-2(a))

Maintenance

Association (common element), unless damage caused by owner (Declaration Article XIV Section 14.01 (s)

Insurance

Association obtains insurance required by Act and additional coverage as deemed necessary; all premiums are common expenses (Declaration Article XIV Section 14.05)

Use restrictions

Units (except Unit 100) must be used primarily for residential purposes; incidental commercial use allowed if no external evidence and limited visits (Rule D-1; Declaration Article VII Sectio)

Voting & meetings

Based on proportionate floor area of units (see Exhibit B) (Declaration Article VI Section 6.02(iii))

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