Regents Park

Key facts from Regents Park's documents

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

Community type

HOA (not a condominium) (Recitals (does not create a condominium))

Governing law

Texas Property Code §82.001 (Texas Uniform Condominium Act) - declared not applicable; Texas Non-Profit Corporation Act; Texas Property Code §51.002 et seq. (Foreclosure Statute); Texas Residential Property Owners Protection Act §209.001 et (Recitals; Sections 4.7, 6.9, 6.10)

Assessments & dues

Set annually by Board; not specified in document (Section 6.3)

Special assessments

Yes. Requires affirmative vote of 50% of votes cast and Class B Member consent. (Section 6.4)

Collections & liens

Association has continuing lien on each Lot for unpaid assessments, interest, late charges, costs. Superior to all except tax liens and first mortgages. Foreclosure via judicial or non-judicial under Texas Property Code §51.002. Power of sa (Section 6.9)

Reserves & fees

Budget must include contribution to reserve fund for repairs to Area of Common Responsibility, including private streets and escrow for street maintenance. (Section 6.3(a))

Architectural approval

Yes - Architectural Control Board and Modification Committee review plans and specifications. (Sections 7.1, 7.2, 7.4)

Use restrictions

Lots intended for Single Family Residence. (Sections 1.34, 5.2)

Voting & meetings

Two classes: Class A (1 vote per Lot owned); Class B (Declarant, 8 votes per Lot owned during control period). Class B can appoint majority of Board during control period. (Section 3.2)

Amendments

Declarant may amend to withdraw property (Section 2.3). Article VII may not be amended without Declarant's consent as long as Declarant owns property. Full amendment procedure not provided in text. (Sections 2.3, 7.4)

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