Infinity Park Master Condominiums

Key facts from Infinity Park Master Condominiums's documents

Reflects the 2024 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Master Condominium (Title: 'Infinity Park Master Condominium)

Developer / declarant

RASTEGAR RELATED FUND MANAGEMENT INFINITY PARK PROPERTY OWNER LP, a Delaware limited partnership (Section 1.18)

Governing law

Texas Uniform Condominium Act, Title 7, Chapter 82 of the Texas Property Code (Page 1: 'pursuant to the ... Texas Unifo)

Assessments & dues

Board prepares Master Budget detailing Common Expenses; Regular Assessments are set to cover those expenses (Sections 7.1.1 and 7.1.2)

Special assessments

Allowed for non-recurring Common Expenses; approved by Owners (Section 7.1.3)

Collections & liens

Association has a lien on each Master Unit, Rents, and Insurance Proceeds to secure Assessments; lien is prior to other liens except Priority Lien Indebtedness and Governmental Impositions; power of sale available under Property Code Sectio (Section 7.7)

Reserves & fees

Association may maintain reserve funds at a level determined by the Board for operational or maintenance emergencies or contingencies (Section 7.16)

Voting & meetings

Each Master Unit has a specified number of votes as set forth on Attachment 2; votes exercised by Owner(s) of the Master Unit (Section 6.8)

Amendments

Article XIV referenced; during Development Period, Section 6.10 may not be amended without Declarant's written consent (Section 6.10 (last sentence) and Table o)

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