Addison Grove

What Addison Grove's governing documents say

These are the Bylaws of the Addison Grove Homeowners Association, which govern the internal operations of the HOA for the Addison Grove subdivision in Addison, TX. They describe how the board is structured, how meetings are conducted, and how decisions are made. Individual homeowner rules (such as pets, leasing, or architectural standards) are found in the Declaration of Covenants, Conditions, and Restrictions, not in these Bylaws.

• Membership & voting: The Association has two membership classes: Class A (homeowners) and Class B (Declarant). Each member may vote in person or by proxy. A quorum for member meetings is 10% of total eligible votes. Members may vote by mail, electronic ballot, or proxy. Proxies expire after 11 months and must be given to another member.
• Board of Directors: The board consists of 3–7 directors. The Declarant appoints all directors until the 10th anniversary of the Declaration, after which one-third of the board must be elected by Class A members for staggered three-year terms. Directors must reside in the subdivision after Class B membership ends. Board vacancies are filled by majority vote of remaining directors.
• Meetings & notice: Annual member meetings are set by the board; special meetings may be called by the president, board resolution, or petition of 20% of Class A votes. Notice of member meetings must be given 10–60 days in advance. Board meetings must be open to members after the Development Period; notice must be posted at least 72 hours before or mailed 10–60 days prior. The board may hold closed executive sessions for specific topics.
• Powers of the Board: The board has authority to adopt budgets, set and collect assessments, make and enforce rules, hire management, borrow money (without member approval for maintenance/repairs), and initiate legal action. The board may delegate duties to a managing agent.
• Enforcement & fines: The board may impose fines (which become a lien on the property) and suspend common area use after notice and hearing. Services may be suspended if assessments are over 30 days delinquent. Costs of collection, including attorney fees, are added to the assessment.
• Financial management: The board must prepare financial reports (monthly income statement, balance sheet, delinquency report) and an annual report within 120 days of fiscal year end. Reserve funds may be deposited in non-bank depositories. The board may engage an independent accountant.

Plain-language summary generated from the governing documents on file for this community. It may be incomplete and is not legal advice — read the full documents below or consult the official recorded versions.