Saratoga Prop Owners

Key facts from Saratoga Prop Owners's documents

Reflects the 2010 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

property owners association (HOA) (SARATOGA PROPERTY OWNERS ASSOCIATION, IN)

Legal name

Saratoga Property Owners Association, Inc.

Governing law

Texas Non-Profit Corporation Act and Texas Business Organization Code (as required by the Texas Non-Profit Corp)

Assessments & dues

Board formulates annual budget, fixes, determines, and levies by resolution specifying amount at least 30 days in advance of each annual assessment period. Special assessment by resolution for specific amount. (Article V, Other Powers and Duties (g) ()

Special assessments

Board may levy special assessment for a specific amount in accordance with the Restrictions. (Article V, Other Powers and Duties (g) ()

Reserves & fees

Board may charge a reasonable charge for issuance of certificates regarding whether assessments have been paid. (Article V, Other Powers and Duties (f) ()

Voting & meetings

One vote per household or one vote per ownership group. Majority of owners means 51% of votes. Members in good standing may vote. (Article III, Voting and Majority of Owne)

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