Holly Oaks Landing HOA

Key facts from Holly Oaks Landing HOA's documents

Community type

Covenant / Planned Community

Legal name

MPRC HOLLY OAKS HOMEOWNERS’ ASSOCIATION, INC., a Texas non-profit corporation (Article II, definition of Association, P)

Developer / declarant

FIRST OMEGA PARTNERS, LTD., a Texas limited partnership (First paragraph, Page 1)

Assessments & dues

$150.00 per Lot for Lots 1 through 26; $100.00 per Lot for other Lots (not applicable to Declarant or Builder Member) (Article XI, Section A, Page 9)

Special assessments

May be levied with 2/3 vote of Lot Owners in person or by proxy for construction, repair, emergency, or other lawful purposes relating to the Properties (Article XI, Section B, Page 10)

Collections & liens

Association has lien for unpaid assessments; may foreclose and collect rent; association may bid at foreclosure; lien subordinate to mortgages (Article XI, Section E, Page 11)

Reserves & fees

Maintenance Fund established, funded by annual assessments, used for Common Area care, insurance, taxes, etc. (Article XII, Section 1, Pages 11-12)

Architectural approval

Yes, for any building, structure, construction, alteration, etc., prior ARC written approval required (Article IV, Page 4: 'No building, struct)

Use restrictions

Lots are for single family residential use as defined by 'Living Unit' meaning a single family residence (Article II, definition of Living Unit, P)

Voting & meetings

Class A: one vote per Lot owned. Class B: Declarant, three votes per unimproved Lot, one vote per improved Lot. Class B ceases when Declarant sells last unimproved Lot. (Article X, Section A, Pages 7-8)

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