Versailles

Key facts from Versailles's documents

Community type

Single-family homeowners association (Article VII, Section 7.1)

Units / lots

149 (103 original + 46 in Phase III) (Exhibit A (original), Exhibit B (Phase I)

Developer / declarant

Versailles, Ltd., a Texas limited partnership (Article I, Section 1.4)

Governing law

Texas Property Code (referenced for power of sale) (Section 4.8(d) referencing Section 51.00)

Assessments & dues

Initial maximum $400 per lot (Section 4.3(a))

Special assessments

Allowed with prior written approval of 66-2/3% of outstanding votes (Section 4.4)

Collections & liens

Assessment lien can be foreclosed via power of sale under Texas Property Code or judicial action (Section 4.8)

Reserves & fees

Required; to be established out of regular annual assessment (Section 4.2)

Pets

Yes, dogs, cats, other qualified animals as household pets; no livestock or poultry (Section 7.6(h))

Parking & vehicles

Garage required for minimum 2 cars; driveways concrete (Section 7.3)

Architectural approval

Yes, Architectural Review Committee approval required for any structure, fence, wall, etc. (Article VI)

Home business

Prohibited except quiet inoffensive activities like tutoring, art lessons (Section 7.6(o))

Signs & flags

Only one professional sign for sale/rent (max 6 sq ft) and builder signs during construction (Section 7.6(t))

Use restrictions

Yes, single-family residential purposes only (Section 7.1)

Voting & meetings

Two classes: Class A (owners) one vote per lot; Class B (Declarant) five votes per lot until conditions met (Article III, Section 3.2)

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