The Montecito Block 1

Key facts from The Montecito Block 1's documents

Community type

Covenant / Planned Community

Units / lots

thirty-nine (39) numbered plots of land (Article I Section 7)

Developer / declarant

Red Rock Real Estate Development Group, Ltd., a Texas Limited Partnership (WHEREAS clause, page 1)

Governing law

Texas Non-Profit Corporation Act (Article II Section 3)

Assessments & dues

Six Hundred Fifty and No/100 Dollars ($650.00) per Lot per year (Article III Section 3(a))

Special assessments

Association may levy a special assessment for defraying cost of capital improvements on Common Areas (Article III Section 4)

Collections & liens

Assessment shall be a continuing lien on each Lot; may be foreclosed via judicial or non-judicial proceedings under Texas Property Code (Article III Section 8)

Parking & vehicles

Lot owners required to make available and designate numbered parking spaces per each unit; carports required (Article V Sections 8 and 17)

Architectural approval

If Committee fails to approve or disapprove within 30 days, plans are deemed approved (Article VIII Section 9)

Signs & flags

One sign of not more than six (6) square feet advertising the Lot for sale or Unit(s) for rent (Article V Section 9)

Use restrictions

All Lots are for multi-family residential purposes only (Article V Section 1)

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