Vip East Homeowners Association

Key facts from Vip East Homeowners Association's documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Article I Section 1 defines Association )

Legal name

VIP EAST TWO HOMEOWNERS ASSOCIATION INC. (Article I Section 1)

Developer / declarant

Esponjas Development, Ltd, Texas Limited Partnership (First WHEREAS clause and Article I Secti)

Governing law

Texas Non-Profit Corporation Act (Article II Section 3: powers of a nonpro)

Assessments & dues

Initially $25 per Lot per month until Jan 1, 2008; thereafter fixed by Association (Article III Section 3(a))

Special assessments

Allowed for capital improvements; must be approved by majority of each class of Member. (Article III Section 4)

Collections & liens

Assessment is a charge on land and continuing lien; may foreclose judicially or non-judicially per Tex. Prop. Code §51.002; power of sale granted. Suit for money judgment also allowed. (Article III Sections 1 and 8)

Reserves & fees

Association may assess a charge for reserve for capital improvements. (Article III Section 2(m))

Pets

Yes, limited to household pets. (Article V Section 10)

Leasing & rentals

Not explicitly addressed; however, Section 8 allows a sign advertising property for rent, implying leasing is permitted. (Article V Section 8)

Parking & vehicles

Limited to 12 hours in any 24-hour period for automobiles and small non-commercial passenger trucks. (Article V Section 12)

Architectural approval

Yes, for any fence, dwelling, garage, building, exterior addition, change or alteration. Plans and specs must be approved in writing by Architectural Control Committee. (Article VIII Sections 2 and 4)

Home business

Prohibited: 'No professional, business or commercial activity to which the general public is invited shall be conducted on any Lot.' (Article V Section 14)

Signs & flags

Only one sign per Lot, not more than 6 sq ft, advertising sale or rent. Declarant may have construction/sale signs. No other signs allowed. (Article V Section 8)

Setbacks / home size

Buildings must conform to setback lines on Subdivision map. Residences must face same direction as others on same side of street; corner lots face the narrower street. (Article V Section 3)

Maintenance

Owner responsibility as part of residence repair. (Article VI: Owner shall repair residence)

Insurance

Fire insurance covering full insurable replacement value of improvements in Common Areas; liability insurance; workers' comp; fidelity bond covering members and employees. (Article III Section 2(e), (f), (g), (h))

Use restrictions

All lots are for single-family residential purposes only. No business, multi-family, etc. (Article V Section 1)

Voting & meetings

Two classes: Class A (all Owners except Declarant) one vote per Lot; Class B (Declarant) 10 votes per Lot owned. Class B ceases when Class A votes equal or exceed Class B, or Dec 31, 2012, whichever comes first. (Article II Section 2)

Amendments

While Class B membership exists, Declarant may unilaterally amend for any purpose. Thereafter, Declarant may unilaterally amend for compliance, title insurance, or lender requirements, or if no material adverse effect on Owners. Otherwise, (Article IX Section 3)

Amenities

Common Areas include streets, fences, gates, landscaping, area lights. No pool, clubhouse, lake, gym, trails mentioned. (Article I Section 5)

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