This By-Laws document for a condominium association contains information concerning: restrictions, the board of directors, and the advisary committee.
Condominium Bylaws Condo Association With Board Members In Travis
Category:
State:
Multi-State
County:
Travis
Control #:
US-00452
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
FAQ
With the exception of some confidential topics, regular and special board meetings of property owners' associations must be open to all members.
The Texas Uniform inium Act contains a provision which states that unless a declaration provides otherwise, a inium building may be terminated and sold if 100% of the owners agree. It also allows unit owners associations to adopt a rule allowing for a lower threshold of 80% of the votes.
House Bill 614 is a significant step towards a more balanced and equitable relationship between HOAs and homeowners in Texas. By clearly outlining fining procedures and ensuring your right to due process, this HOA law empowers you to navigate your HOA community with confidence.
Section 82.113 - Association's Lien for Assessments (a) An assessment levied by the association against a unit or unit owner is a personal obligation of the unit owner and is secured by a continuing lien on the unit and on rents and insurance proceeds received by the unit owner and relating to the owner's unit.
Section 82.111 - Insurance (a) Beginning not later than the time of the first conveyance of a unit to a person other than a declarant, the association shall maintain, to the extent reasonably available: (1) property insurance on the insurable common elements insuring against all risks of direct physical loss commonly ...
Section 82.111 - Insurance (a) Beginning not later than the time of the first conveyance of a unit to a person other than a declarant, the association shall maintain, to the extent reasonably available: (1) property insurance on the insurable common elements insuring against all risks of direct physical loss commonly ...
There must be at least three people on the Board of Directors. If an association's governing documents do not state how many people must serve on the Board of Directors, Texas law says that the number will be equal to the initial number of directors listed in the Articles of Incorporation.
Section 718.112(2)(c), F.S. 4. Receive notice of meetings at which the board shall consider a special assessment or changes to rules concerning unit use. Notice must be by mail, electronic transmission, or personal delivery and posted on the inium property at least 14 continuous days in advance.
Term of Office If the term is undefined, the directors will serve "until the next annual election of directors and until a successor is elected, appointed, or designated and qualified." This law is in the Texas Business Organizations Code.
In addition, HOAs have the authority to enforce their rules and regulations, such as those pertaining to architectural guidelines, landscaping, and pet restrictions. Property owners' associations are responsible for maintaining and restoring common amenities such as parks, swimming pools, and clubhouses.
More info
These Second Amended Bylaws of The Island on. Learn all about condo associations, including condo association insurance, condo association fees, and condo association rules.The bylaws tell the board of directors how to run the corporation, i.e. These bylaws provide for the governance of the condominium known as The. This article provides stepbystep instructions for starting and running a small (220 unit) condominium homeowners association.