Tropical Hideaway Owners Association, Inc.

Key facts from Tropical Hideaway Owners Association, Inc.'s documents

Reflects the 1997 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article 1: 'Condominium' defined; Unifor)

Developer / declarant

LBJ Resort Properties, L.L.C. (Section 1.5 'DECLARANT' means LBJ Resort)

Governing law

Uniform Condominium Act (Texas Property Code, Chapter 82) (Preamble: 'provisions of the Uniform Con)

Assessments & dues

Not fixed; set annually by board based on budget (Section 5.4.3: 'Regular Assessments shal)

Special assessments

Special Assessment requires majority vote of owners for certain purposes (acquisitions, major improvements, etc.) (Section 5.6: 'a Special Assessment must )

Reserves & fees

Interest accrues from due date at rate determined by board, not exceeding 18% per annum or maximum allowed; if no rate set, 10% per annum (Section 6.3: 'subject to interest from t)

Use restrictions

Not explicitly stated, but implied by condominium structure (No direct citation; use may be inferred)

Voting & meetings

Per unit interest (1/66th each unit – see Allocation of Interests) (Appendix E: each unit has 1/66th interes)

Amendments

Amendment requires approval by Owners; merger or consolidation must be approved by Owners (Article 2: 'Merger or consolidation of t)

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