Form 24-2

Condominium Information Statement
[name of condominium], a Condominium

[Tex. Prop. Code § 82.153]

Date:

Declarant:

Declarant’s Address:

Condominium’s Address:

Association:

Association’s Address:

A.Minimum and Maximum Number of Units

The Condominium contains [number] units. [No additional units may be added to the Condominium./A maximum of [number] additional units may be added to the Condominium.]

B.Development Rights

The Declarant [does not reserve any development rights/reserves the following devel­opment rights: [list rights]].

The development rights are [not subject to any conditions or limits/subject to the fol­lowing conditions or limits: [list limits]].

C.Attachments

1.Attached are copies of the [insert if declaration has not yet been recorded: pro­posed] Condominium declaration and the Association’s certificate of formation, bylaws, and rules and amendments to any of them. Also attached are copies of leases and contracts, other than loan documents, that are required by the Declarant to be signed by purchasers at closing.

2.Attached are copies of the Association’s projected or pro forma budget in compli­ance with Texas Property Code section 82.153(b) for the first fiscal year of the Association following the date of the first conveyance to a purchaser, identification of the person(s) who prepared the budget, and a statement of the budget’s assumptions concerning occupancy and inflation factors.

3.Attached is a general description of each lien, lease, or encumbrance on or affect­ing the title to the Condominium after conveyance by the Declarant.

4.Attached is a copy of each written warranty provided by the Declarant.

5.Attached is a description of any unsatisfied judgments against the Association and any pending suits to which the Association is a party or which are material to the land title and construction of the Condominium that are known by the Declarant.

6.Attached is a general description of the insurance coverage provided for the bene­fit of unit owners.

7.Attached are the current or expected fees or charges to be paid by unit owners for the use of the common elements and other facilities related to the Condominium.

D.Service

A unit owner—

1.as an alternative to personal service, may be served with process by the municipal­ity or the municipality’s agent for a judicial or administrative proceeding initiated by the municipality and directly related to the unit owner’s property interest in the Condominium by serving the unit owner at the unit owner’s last known address, according to the records of the appraisal district in which the Condominium is located, by any means permitted by rule 21a of the Texas Rules of Civil Procedure;

2.shall promptly notify the appraisal district in writing of a change in the unit owner’s mailing address not later than the ninetieth day after the date the unit owner changes the address; and

3.may not offer proof in the judicial or administrative proceeding, or in a subsequent related proceeding, that otherwise proper service by mail of the notice was not received not later than three days after the date the notice was deposited in a post office or official deposi­tory under the care and custody of the United States Postal Service.

   
[Name of declarant]

By       
        [Name and title]