Shary Three Condominiums Association, Inc.

Key facts from Shary Three Condominiums Association, Inc.'s documents

Reflects the 2008 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

SHARY THREE CONDOMINIUMS ASSOCIATION, INC. (Recital 5 and Section 1.02)

Developer / declarant

OC Development, Ltd., 810 W. Ferguson, Pharr, TX 78577 (First paragraph of Declaration)

Governing law

Texas Uniform Condominium Act (TUCA), Property Code Chapter 82 (Recital 2)

Special assessments

Board may levy if regular assessments inadequate; allocated and collected like regular assessments (Section 4.03)

Reserves & fees

Regular assessments may include adequate reserve fund for periodic maintenance, repairs, and replacements of common elements (Section 4.02)

Pets

Dogs allowed subject to rules; must be leashed in common elements; no livestock or poultry (Section 5.01(e))

Leasing & rentals

Leasing allowed subject to Governing Instruments and Rules; no time-sharing or interval ownership allowed (Section 5.01(a) second sentence, 5.01(j))

Parking & vehicles

Vehicles must be parked in carport or garage appurtenant to unit; vehicles in common elements must be operable and free of leakage (Section 5.01(i), 5.01(k))

Setbacks / home size

20' front setback, 6' side setback, 10' rear setback (from Exhibit E referencing recorded restrictions) (Exhibit E)

Use restrictions

Units for private residence only; no obstruction of common elements; no increase of insurance rates; no signs except 3 sq ft for sale; no flammable liquids; no noise after 11 p.m.; vehicles must be operable; no time-sharing (Section 5.01)

Voting & meetings

Each unit entitled to percentage of vote equal to its undivided interest (25%). If multiple owners, aggregate vote cannot exceed unit's total vote. (Section 3.03)

Amendments

Declaration amended by approval of at least 67% of ownership interests at meeting or by written ballot; no alteration of unit or limited common element without consent of affected owner and mortgagee; amendment recorded in county clerk's of (Section 8.01)

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