Steubing Farm Residential Community, Inc

Key facts from Steubing Farm Residential Community, Inc's documents

Community type

Homeowners' Association (Sub-Association) (Sub-Declaration, page 3: "Sub-Associatio)

Developer / declarant

Meritage Homes of Texas, LLC, an Arizona limited liability company (Sub-Declaration, page 1: "Declarant: Mer)

Governing law

Texas Property Code, Section 209.004 (Management Certificate, page 1: "in acco)

Assessments & dues

Board prepares budget and sets assessment level; determination final and binding if made in good faith (Sub-Declaration, Section 3.02)

Special assessments

Board may levy special assessments whenever in its opinion necessary to carry out functions under the Restrictions; also for capital improvements (Sub-Declaration, Section 3.03: "the Boar)

Reserves & fees

Board may include an appropriate replacement reserve in the budget (Sub-Declaration, Section 3.02: "an appro)

Maintenance

Sub-Association maintains Common Area, Special Common Area, and Service Areas as defined; Owners maintain their Lots per Restrictions (Sub-Declaration, Section 2.13 and relate)

Amendments

Declarant may unilaterally amend the Sub-Declaration during the Development Period; Master Declarant consent required per Development Area Declaration (Sub-Declaration, Recitals: "Section 5.1 )

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