Watermere at Southlake

Key facts from Watermere at Southlake's documents

Reflects the 2025 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

Watermere at Southlake Condominium Association, Inc. (Section 1.06)

Units / lots

148 separate Units (Article II, Section 2.01: 'divided into )

Governing law

Texas Uniform Condominium Act (Chapter 82 of the Texas Property Code) (Recitals; Condominium Act defined in Sec)

Age restriction

Community intended for housing persons 55 years of age or older; no Unit shall be permanently occupied except by a Qualifying Resident (55+) and spouse, and/or a Dependent Relative (35+) if no more than 5 such units at any time; surviving o (Article III, Section 3.02(b)(i))

Special assessments

Assessments levied against Owners to cover unanticipated expenses or expenses in excess of budget (Section 5.03(b)); also for repair/reconstruction when insurance proceeds insufficient (Section 7.04) (Sections 1.50, 7.04)

Insurance

Board may set commercially reasonable deductibles; if cost to repair single Unit covered by Association insurance is less than deductible, Owner responsible for deductible if Owner responsible for repair under Section 12.02; otherwise Assoc (Section 6.02 (as amended 2025))

Voting & meetings

Not explicitly stated in provided text; but amendment requires 'affirmative vote or written consent of Owners representing at least 67% of the total votes in the Association', implying one vote per Unit or per percentage interest (Section 14.06(c) (recited in Amendment R)

Amendments

Declaration may be amended by affirmative vote or written consent of Owners representing at least 67% of total votes; meeting must provide specific amendment to Owners between 20th and 10th day preceding meeting (Section 14.06(c) (recited in Amendment R)

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