Palm Beach Estates Property Owners Association, Inc.

Key facts from Palm Beach Estates Property Owners Association, Inc.'s documents

Reflects the 2017 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Property Owners Association (HOA) (WHEREAS: 'PALM BEACH ESTATES PROPERTY OW)

Governing law

Texas Property Code Section 209.0041 (WHEREAS: 'Section 209.0041 of the TEXAS )

Assessments & dues

Maximum $500 per Lot per year (as of Third Amendment, 2000) (Third Amendment Section 7.01(a): 'The ma)

Special assessments

Special assessment applicable to one year requires assent of 2/3 of votes of each class of members voting in person or by proxy, OR approval of majority expressed by payment (Third Amendment Section 7.01(e))

Collections & liens

Maintenance Charge and other assessments, late fees, interest, costs, and attorneys' fees shall be a charge on the Lots and a continuing lien upon the property (Third Amendment Section 7.01: 'shall be )

Leasing & rentals

Only mention: leasing of waterfront space prohibited except with leasing of Lot (Section 3.22(a)). No general leasing rules. (Sixth Amendment Section 3.22(a))

Fences

Installation of fences, landscape features or shrubbery within 150 ft of rear property line requires written ARC approval. (Sixth Amendment Section 3.02(g))

Use restrictions

Single-family residential use; one dwelling per lot; guest/servants house (min 500 sq ft) allowed if built after or with main dwelling; detached garages, workshops, boathouses allowed but not for residential purposes. (Sixth Amendment Section 3.01(a))

Voting & meetings

Class A (owners except Developer): one vote per Lot. Class B (Developer): four votes per Lot owned. Class B ceases when Class A votes equal Class B or after 3 years. (Articles of Incorporation Article VI)

Amendments

Amendments to Declaration require vote of at least 67% of total votes allocated to property owners entitled to vote (per Texas Property Code 209.0041). Amendments to Articles of Incorporation require assent of 2/3 of entire membership. (Sixth Amendment WHEREAS and Certificate;)

Amenities

Lake mentioned as common area; island maintenance. No pool, clubhouse, etc. specified. (Fourth Amendment (island))

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