Property Code 209
The number of topics of discussion that must be voted on in a properly called and open board meeting.
What is 15?
This meeting of the association may be called by the president, a majority of the board, or unit owners having at least 20% of the votes in the association.
What is a special meeting?
This is the document that shows the association's income and expenses for a specific period.
What is the income statement (or profit & loss statement)?
KRJ's core values.
What are Kind, Responsible, and Joyful?
All, or most, of the new laws that passed during the 2025 legislative session take effect _______________.
A 30 days notice required in a violation letter.
What is a hearing request?
Unless the bylaws provide otherwise, a __________ is present throughout any meeting of the association if persons entitled to cast at least 20 percent of the votes that may be cast for election of the board are present in person or by proxy at the beginning of the meeting.
What is quorum?
This term refers to funds the association expects to receive, such as assessments that haven't yet been paid.
What are accounts receivable?
This is KRJ's tagline.
What is "Love Changes Everything"?
What is the Architectural Review Committee?
1. any delinquent assessment
2. any current assessment
3. any reasonable attorney's fees or reasonable third party collection costs incurred by the association associated with assessments or any other charge that could provide the basis for foreclosure
4. any reasonable attorney's fees incurred by the association that are not subject to subdivision (3)
5. any reasonable fines assessed by the association
6. any other reasonable amount owed to the association
What are priority of payments?
The declaration relating to the right to use this specific area may not be altered without the consent of each affected unit owner and the owner's first lien mortgage.
What is a limited common element?
This type of fund is set aside for long-term repairs and replacements, like roofing or repaving.
What is the reserve fund?
This is an extraordinary service Kelly witnessed at the original Carrabba's.
What is a server escorting a patron from their vehicle under an umbrella while it was raining?
Communities can no longer fine homeowners for brown or dormant grass during this type of local restriction, or for 60 days after it ends.
What are watering restrictions or drought conditions?
This notice shall be given not later than the 20th day before the latest date on which a ballot may be submitted to be counted.
What is a notice for an election or vote not taken at a meeting?
Each officer or member of the board is liable as a __________ of the unit owners for the officer's or member's acts or omissions.
What is fiduciary?
This is the process of comparing the association’s internal records to the bank statement to ensure they match.
What is bank reconciliation?
Every last encounter defines your image of a _____________________.
What is a "brand"?
This type of solar technology is now explicitly protected under state law, and associations cannot ban its use on homes.
What are solar roof tiles (or solar shingles)?
1. Fines assessed by the association
2. Attorney's fees incurred by the association solely associated with fines assessed by the association
3. Amounts added to the owner's account as an assessment under Section 209.005(i) or 209.0057(b-4)
What are the reasons an association CANNOT foreclosure?
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 insured against, including fire and extended coverage, in a total amount of at least ________ percent of the replacement cost or actual cash value of the insured property as of the effective date and at each renewal date of the policy;
What is 80%?
This is a financial report that shows the association's assets, liabilities, and equity at a specific point in time.
What is the balance sheet?
These are the four ways we are not normal.
What is "local", "degreed accountants", "no gifts policy", and "YOU"!
Associations can no longer prohibit members from inviting these types of individuals to speak in common areas.
Who are government officials or political candidates?