Example: stock market

PROPERTY CODE TITLE 11. RESTRICTIVE COVENANTS ... - Texas

PROPERTYCODETITLE11. be citedas Acts2001,77thLeg.,ch. 926, , , thischapter:(1)AA"Assessment"meansa regularassessment,specialassessment,or otheramounta propertyowneris requiredto pay apropertyowners associationunderthe dedicatoryinstrumentor bylaw.(2)AA"Board"meansthegoverningbodyo f a propertyowners association.(3)AA"Declaration"meansan instrumentfiledin therealpropertyrecordsof a countythatincludesrestrictivecovenantsgo verninga residentialsubdivision.(4)AA"Dedicatoryi nstrument"meanseachgoverninginstrumentco veringthe establishment,maintenance,and operationof a restrictivecovenants,bylaws,or similarinstrumentsgoverningtheadministra tionoroperationof a propertyowners association,to properlyadoptedrulesand regulationsof the propertyowners association,a

Texas Residential Property Owners Protection Act. Added by Acts 2001, 77th Leg., ch. 926, Sec. 1, eff. Jan. 1, 2002. Sec.A209.002.AADEFINITIONS. In this chapter: (1)AA"Assessment" means a regular assessment, special assessment, or other amount a property owner is required to pay a property owners ’ association under the dedicatory instrument ...

Tags:

  Property, Texas

Information

Domain:

Source:

Link to this page:

Please notify us if you found a problem with this document:

Other abuse

Advertisement

Transcription of PROPERTY CODE TITLE 11. RESTRICTIVE COVENANTS ... - Texas

1 PROPERTYCODETITLE11. be citedas Acts2001,77thLeg.,ch. 926, , , thischapter:(1)AA"Assessment"meansa regularassessment,specialassessment,or otheramounta propertyowneris requiredto pay apropertyowners associationunderthe dedicatoryinstrumentor bylaw.(2)AA"Board"meansthegoverningbodyo f a propertyowners association.(3)AA"Declaration"meansan instrumentfiledin therealpropertyrecordsof a countythatincludesrestrictivecovenantsgo verninga residentialsubdivision.(4)AA"Dedicatoryi nstrument"meanseachgoverninginstrumentco veringthe establishment,maintenance,and operationof a restrictivecovenants,bylaws,or similarinstrumentsgoverningtheadministra tionoroperationof a propertyowners association,to properlyadoptedrulesand regulationsof the propertyowners association,and toalllawfulamendmentsto thecovenants,bylaws,rules,orregulations.

2 (4-a)AA"Developmentperiod"meansa periodstatedin adeclarationduringwhicha declarantreserves:(A)AAa rightto facilitatethedevelopment,construction,an d marketingof the subdivision;or(B)AAa rightto directthesize,shape,andcompositionof the subdivision.(5)AA"Lot"meansany designatedparcelof landlocatedin a residentialsubdivision,includinganyimpro vementson thedesignatedparcel.(5-a)AA"Managementco mpany"meansa personor entity1establishedor contractedto providemanagementor administrativeserviceson behalfof a propertyowners association.

3 (6)AA"Owner"meansa personwhoholdsrecordtitletopropertyin a residentialsubdivisionandincludesthepers onalrepresentativeof a personwho holdsrecordtitleto propertyin aresidentialsubdivision.(7)AA"Propertyow ners association"or "association"meansan incorporatedor unincorporatedassociationthat:(A)AAis designatedas therepresentativeof theownersof propertyin a residentialsubdivision;(B)AAhas a membershipprimarilyconsistingof theownersof the propertycoveredby the dedicatoryinstrumentfor theresidentialsubdivision;and(C)AAmanage sorregulatestheresidentialsubdivisionfor thebenefitof theownersof propertyin theresidentialsubdivision.

4 (8)AA"Regularassessment"meansanassessmen t,acharge,a fee,or duesthateachownerof propertywithinaresidentialsubdivisionis requiredto pay to the propertyowners associationon a regularbasisand thatis designatedfor use by thepropertyowners associationforthebenefitof theresidentialsubdivisionas providedby the restrictions.(9)AA"Residentialsubdivisio n"or "subdivision"meansa subdivision,plannedunitdevelopment,townh ouseregime,orsimilarplanneddevelopmentin whichall landhas beendividedintotwo or morepartsand is subjectto restrictionsthat:(A)AAlimita majorityof thelandsubjectto thededicatoryinstruments,excludingstreet s,commonareas,andpublicareas,toresidenti aluseforsingle-familyhomes,townhomes,or duplexesonly;(B)AAare recordedin the realpropertyrecordsofthe countyin whichthe residentialsubdivisionis located.

5 And(C)AArequiremembershipin a propertyowners associationthathasauthorityto imposeregularor specialassessmentson the propertyin the subdivision.(10)AA"Restrictions"meansone or morerestrictivecovenantscontainedor incorporatedby referencein a properly2recordedmap,plat,replat,declara tion,or otherinstrumentfiledin therealpropertyrecordsor mapor amendmentor extensionof the restrictions.(11)AA"Restrictivecovenant" meansanycovenant,condition,or restrictioncontainedin a dedicatoryinstrument,whethermandatory,pr ohibitive,permissive,or administrative.

6 (12)AA"Specialassessment"meansan assessment,acharge,a fee,or dues,otherthana regularassessment,thateachownerof propertylocatedin a residentialsubdivisionis requiredto pay to the propertyowners association,accordingto proceduresrequiredby the dedicatoryinstruments,for:(A)AAdefraying ,in wholeor in part,thecost,whetherincurredbeforeorafte rtheassessment,ofanyconstructionor reconstruction,unexpectedrepair,or replacementof a capitalimprovementin commonareasownedby thepropertyowners association,includingthe necessaryfixturesand personalpropertyrelatedto the commonareas;(B)AAmaintenanceand improvementof commonareasownedby the propertyowners association.

7 Or(C)AAotherpurposesofthepropertyowners associationas statedin itsarticlesof incorporationor thededicatoryinstrumentfor the residentialsubdivision.(13)AA"Verifiedma il"meansanymethodof mailingforwhichevidenceof mailingis providedby the UnitedStatesPostalServiceor a Acts2001,77thLeg.,ch. 926, , , :Acts2013,83rdLeg., ,Ch. 863 ( ), , , ,84thLeg., ,Ch. 1183( ), , , ,87thLeg., ,Ch. 951 ( ), , , CHAPTER.(a)Thischapterappliesonlyto a residentialsubdivisionthatis subjecttorestrictionsor provisionsin a declarationthatauthorizethe3propertyowne rs associationto collectregularor specialassessmentson all or a majorityof the propertyin the subdivision.

8 (b)AAExceptas otherwiseprovidedby thischapter,thischapterappliesonlyto a propertyowners associationthatrequiresmandatorymembersh ipin theassociationforallor amajorityof theownersof residentialpropertywithinthesubdivisions ubjectto the association s dedicatoryinstruments.(c)AAThischapterap pliesto a residentialpropertyowners associationregardlessof whethertheentityis designatedas a"homeowners association,""communityassociation,"or similardesignationin the restrictionsor dedicatoryinstrument.(d)AAThischapterdoe snot applyto a condominiumas definedby (e)AAThe followingprovisionsof thischapterdo not applytoa propertyowners associationthatis a mixed-usemasterassociationthatexistedbef oreJanuary1, 1974,and thatdoesnothavethe authorityundera dedicatoryinstrumentor othergoverningdocumentto imposefines:(1) (c);(2) ;(3) ;(4) ;(5) ;and(6) Acts2001,77thLeg.

9 ,ch. 926, , , :Acts2007,80thLeg., ,Ch. 1367( ), , , ,82ndLeg., ,Ch. 1026( ), , , ,82ndLeg., ,Ch. 1142( ), , , ,82ndLeg., ,Ch. 1217( ), , , ,82ndLeg., ,Ch. 1282( ), , , ,83rdLeg., , ( ), (a), , ,83rdLeg., , ( ), (b), , ,84thLeg., ,Ch. 1183( ), , , (a)AAA propertyowners associationshallrecordin eachcountyin whichanyportionof theresidentialsubdivisionis locateda managementcertificate,signedand acknowledgedby an officeror the managingagentof the association,stating:(1)AAthe nameof the subdivision;(2)AAthe nameof the association;(3)AAthe recordingdatafor the subdivision;(4)AAtherecordingdataforthed eclarationandanyamendmentsto the declaration;(5)AAthe nameand mailingaddressof the association.

10 (6)AAthename,mailingaddress,telephonenum ber,ande-mailaddressof thepersonmanagingtheassociationor theassociation s designatedrepresentative;(7)AAthewebsite addressof anyInternetwebsiteonwhichtheassociation s ;(8)AAthe amountand descriptionof a fee or feeschargedby theassociationrelatingto a propertytransferin thesubdivision;and(9)AAotherinformationt heassociationconsidersappropriate.(a-1)A AThe countyclerkof eachcountyin whicha managementcertificateis filedas requiredby thissectionshallrecordthemanagementcerti ficatein the realpropertyrecordsof the countyandindexthedocumentas a "PropertyOwners AssociationManagementCertificate.


Related search queries