Mckinney Crossing Condominiums

Key facts from Mckinney Crossing Condominiums's documents

Reflects the 2021 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Page 1, title; Section 1.1 references Te)

Legal name

McKinney Crossing Condominium Community, Inc. (Section 1.4)

Developer / declarant

KB HOME LONE STAR INC. (Art 1, Sec 1.13)

Governing law

Texas Condominium Act, Chapter 82 of the Texas Property Code (Page 7, Recital A; Section 1.1)

Assessments & dues

Board prepares annual budget; Regular Assessments based on Common Expense Liability per Unit (Art 6, Sec 6.1.2 and 6.1.3)

Special assessments

Allowed by Board; for real property acquisition requires Majority vote of Owners (Art 6, Sec 6.3)

Collections & liens

Assessment lien created by declaration; may be enforced by judicial or non-judicial foreclosure (Art 7, Sec 7.1, 7.5, 7.6)

Reserves & fees

Association shall maintain reserves at level determined by Board for emergencies, contingencies, and replacement repairs (Section 6.10)

Voting & meetings

One vote per Unit (Section 5.7: 'One (1) vote is allocated )

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