The Oak Hill Homeowners' Association, Inc.

Key facts from The Oak Hill Homeowners' Association, Inc.'s documents

Legal name

Oak Hill Estates of Southlake Homeowners Association, Inc. (Article I Section 1)

Assessments & dues

$150 per building plot until January 1 after first conveyance; thereafter maximum can be increased up to 15% per year by Board without vote, or above 15% with 51% of each class (Article III Section 3)

Special assessments

Allowed for capital improvements with approval of two-thirds of both classes of members voting (Article III Section 4)

Collections & liens

Assessments secured by vendor's lien and personal obligation; Association may foreclose non-judicially under Texas Property Code 51.002 (Article III Sections 1, 10)

Use restrictions

Property used for single-family residential purposes only (multiple sources) (Reagan & McClure restriction (1); Joint )

Amendments

Can be amended by two-thirds of current lot owners (Reagan & McClure); Declarant has right to amend for 3 years or while it owns lots (Joint Venture); Main declaration: Declarant may amend per Article XI (Reagan & McClure (preamble); Joint Ventu)

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