Forest Ck Owners

Key facts from Forest Ck Owners's documents

Reflects the 1982 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Restated Declaration title, Vol. 82216 P)

Legal name

Forest Creek Condominiums, Inc.

Governing law

Condominium Act of the State of Texas, Article 1301a, Revised Civil Statutes of Texas (Restated Declaration, page 5, recitals)

Assessments & dues

Determined by Board based on estimated cash requirements; can be increased by 120% of prior year's assessment annually; greater increase requires 2/3 vote of quorum (Restated Declaration, Art. V, Para. 5.3,)

Special assessments

May be levied for capital improvements or contingencies; requires approval of 2/3 of votes cast at a meeting duly called for that purpose (Restated Declaration, Art. V, Para. 5.5;)

Voting & meetings

One vote per Unit, weighted by proportionate interest in Common Elements; cannot be split; total 16 weighted votes equal 100% (Restated Declaration, Art. IV, Para. 4.5)

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