The Stable Gate Homeowners' Association Inc

Key facts from The Stable Gate Homeowners' Association Inc's documents

Community type

Homeowners Association (Name: The Stable Gate Homeowners’ Associ)

Legal name

The Stable Gate Homeowners' Association, Inc.

Governing law

Texas Non-Profit Corporation Act (Article II: "under the Texas Non-Profit )

Assessments & dues

Board prepares annual budget, fixes assessments (By-Laws Art III C1(a) and (b))

Special assessments

Board establishes payment schedule for Special Assessments (By-Laws Art III C1(b))

Collections & liens

Fines constitute a lien on property; Association may foreclose its lien (By-Laws Art III C6: "which shall constit)

Reserves & fees

Assessed for transfer of ownership; amount set by Board (By-Laws Art III C6(e): "a Transfer Fee w)

Leasing & rentals

Restrictions on leasing to be imposed by Seventh Amendment (Seventh Amendment: "impose reasonable re)

Architectural approval

Board enforces architectural control provisions (Articles Art IV(b)(10): "enforcement of )

Insurance

Board may procure liability insurance on Board, agents, employees, and insurance on Association assets (Articles Art IV(b)(6); By-Laws Art III C)

Voting & meetings

Class A and Class B Membership; each lot owner is member; voting per Declaration (By-Laws Article II A, H)

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