205 Texas Property Code) Sample Clauses
The 205 Texas Property Code clause refers to provisions within Chapter 205 of the Texas Property Code, which governs the amendment of dedicatory instruments for certain residential real estate subdivisions. This clause typically outlines the procedures and requirements for homeowners associations or property owners to amend governing documents, such as bylaws or restrictive covenants, often specifying voting thresholds and notice requirements. Its core practical function is to provide a clear and standardized process for making changes to community rules, thereby ensuring that amendments are made transparently and with appropriate owner participation.
205 Texas Property Code). If the Property is subject to a private transfer fee, then pursuant to Section 5.205 of the Texas Property Code Seller notifies Buyer that the private transfer fee obligation may be governed by Chapter 5, Subchapter G of the Texas Property Code.
