Palisades

Key facts from Palisades's documents

Community type

Covenant / Planned Community

Legal name

Park Palisades Homeowners' Association

Units / lots

139

Developer / declarant

Dirk Branch, L.P. c/o Lindenshire, Inc., 3500 Oak Lawn Avenue, Suite 590, Dallas, Texas 75219 (Section 7.11 and signature)

Assessments & dues

$240 per year per Lot (Section 3.2, 3.6)

Collections & liens

Contractual lien on each Lot; non-judicial foreclosure with power of sale under Texas Property Code Section 51.002 (Section 3.8, 3.10)

Pets

common household pets only; no livestock or poultry (Section 5.2(c))

Signs & flags

One sign per lot advertising sale, max 10 sq ft; builders/declarant may have larger signs during construction/marketing (Section 5.2(l))

Setbacks / home size

2 stories maximum (Section 5.1)

Use restrictions

All Lots shall be used for single-family, detached residential dwelling units (Section 5.1)

Voting & meetings

Two classes: Class A (one vote per Lot for Owners), Class B (four votes per Lot for Declarant until Class A owners own 75% of Lots, then one vote per Lot) (Article II, Section 2.2)

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