The Villages of Falcons Lair Homeowners Association

Key facts from The Villages of Falcons Lair Homeowners Association's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association for The Villages of Falcon's Lair (Title page: 'The Villages of Falcons Lai)

Governing law

Texas Property Code Section 202.001 (Article 1.5: 'serving as the "property o)

Assessments & dues

Regular assessments fixed by Board in annual budget; uniform for all lots (Article 9.5: 'share of liability … unifo)

Special assessments

Allowed; certain purposes (acquisition, construction) require majority approval; other special assessments subject to owner veto by majority (Article 9.4.2 and 9.3.2)

Collections & liens

Association has a lien for unpaid assessments; judicial or nonjudicial foreclosure allowed; cannot foreclose if debt solely fines and attorney's fees (Articles 10.1, 10.6: 'The assessment lie)

Reserves & fees

Required for replacement and repair of common areas and shared areas (under Shared Maintenance & Use Agreement) (Article 9.10: 'the Association will esta)

Pets

Customary domesticated household pets allowed; no animals for commercial purpose or food (Article 7.5: 'Customary domesticated hou)

Leasing & rentals

Yes, subject to Rules (Article 7.18: 'Leasing of Townhomes' (se)

Insurance

Owner must maintain HO6 policy covering interior components (walls, floors, ceilings, appliances, fixtures, improvements), personal property, and liability (Article 14.4)

Use restrictions

Yes, townhomes are for residential use (Article 7.22: 'Residential Use' (implici)

Voting & meetings

One indivisible vote per lot (Article 8.7: 'One indivisible vote is ap)

Amendments

Requires approval of owners of at least two-thirds of lots; Declarant may amend certain provisions during Declarant Control Period; method detailed in Article 16 (Article 16.1 and 16.4)

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