Riverbend Owners

Key facts from Riverbend Owners's documents

Reflects the 1992 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (River Bend Condominiums) (Article I.09)

Developer / declarant

River Bend Manor Incorporated, a Texas corporation (Article I.11)

Governing law

Texas Condominium Act (Vernon's Annotated Civil Statute, Article 1301a) (Article I.10)

Assessments & dues

Board prepares annual budget; assessments apportioned by undivided interests in Common Areas (Article 9.02(a) and (b))

Special assessments

Requires approval of at least 51% of Total Votes of Association (Article 9.03)

Collections & liens

Assessments secured by lien on Condominium; Association may record notice of lien and foreclose (Article 9.04)

Reserves & fees

Required reserve fund for maintenance, repairs, replacement, funded by monthly payments (Article 9.02(a))

Use restrictions

Units shall be used exclusively for primary residential and for no other purpose (Article 6.01)

Voting & meetings

Each Condominium has votes as per Exhibit A; permanent unless unanimous consent amendment (Article 7.03)

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