Waterford Pk Homeowners
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What Waterford Pk Homeowners's governing documents say
This is a compilation of recorded amendments and declarations for Waterford on the Park Homeowners Association, a standard single-family HOA in Addison, TX. The documents establish board structure, voting rights, and amendment procedures. Note: The text also includes a separate condominium declaration for Waterford Square that may not apply to this community.
- Board structure & elections: The HOA is divided into 5 districts (later amended to 7). Directors serve 2-year staggered terms, must be owners in good standing, reside in the community, and not be in bankruptcy or foreclosure. Directors are elected by district; if no one from a district is willing, that district goes unrepresented.
- Voting rights: Each lot gets one vote. Owners can vote by proxy. Voting rights can be suspended for nonpayment or other violations as per bylaws. Actions can be taken by written consent without a meeting.
- Amendment process: The Declaration can be amended by a 60% vote of owners in good standing. Certain sections require approval from the City of Dallas. Bylaws amendments also require 60% owner assent.
- Eligibility to serve on board: Financial institutions, out-of-state owners, and owners more than two months delinquent on fees cannot serve as directors or delegates.
- What this document doesn't cover: These are mostly procedural amendments; they do not cover typical HOA rules like pet limits, leasing restrictions, architectural guidelines, or assessments amounts. The condominium declaration included may pertain to a different property.
Key facts from Waterford Pk Homeowners's documents
- Community type
- Homeowners Association with condominium regime (Waterford Square within Waterford on the Park) (Various documents: Waterford on the Park)
- Legal name
- Waterford on the Park Homeowners Association, Inc.
- Units / lots
- 76 (condominium); originally 93 (DOC 42483 PAGE 7: 'originally containing)
- Developer / declarant
- Waterford Holding, L.P. (for condominium); Logue Development Corporation (original declaration) (DOC 42483 PAGE 9: 'Principal Owner means)
- Governing law
- Texas Non-Profit Corporation Act (for Association); Uniform Condominium Act (Texas Property Code Chapter 82) for condominium (Articles of Incorporation (DOC 42482, PA)
- Assessments & dues
- Monthly Assessment established by Board of Directors; Special Assessments by Board. Budget required. Assessments based on Common Expenses. (DOC 42483 PAGE 5 (table of contents) and)
- Special assessments
- Special Assessments allowed as per Section 6.4 and Article VII of condominium declaration. (DOC 42483 PAGE 5: 'Special Assessments m)
- Collections & liens
- Lien to secure payment of assessments (Section 6.6). Foreclosure subject to notice to mortgagee; 60-day cure period for mortgagee notice. (DOC 42483 PAGE 11: 'Section 6.6 Lien to )
- Reserves & fees
- Common Expense Fund includes working capital fund and reserves for repair/replacement. (DOC 42483 PAGE 7-8: 'Common Expense Fund)
- Leasing & rentals
- Leasing is permitted; Article XI deals with Lease Requirements; Transfer of Units. (DOC 42483 PAGE 5: 'Article XI. Lease Req)
- Parking & vehicles
- Parking Spaces are Limited Common Elements assigned to Units. Use for automobiles only. (DOC 42483 PAGE 8-9: 'Parking Spaces mean)
- Fences
- Not explicitly addressed in provided text.
- Architectural approval
- Alterations to boundaries require Board approval; plans and specifications must be submitted. Principal Owner has special rights during control period. (DOC 42483 PAGE 10: 'prior to the commenc)
- Maintenance
- Association responsible for Common Elements; Owner responsible for Unit including interior, windows, doors, etc. Excluded structural components and shared systems. (DOC 42483 PAGE 10: 'Unit includes ... wi)
- Use restrictions
- Condominium Units designated for residential purposes. (DOC 42483 PAGE 7: 'Condominium Unit mean)
- Voting & meetings
- Each Owner entitled to one vote per Lot. For condominium, voting based on Percentage Ownership Interests. Non-owners may be non-voting members. Vote may be suspended as per Bylaws. (DOC 42481 PAGE 2-3: 'Section 2. Voting R)
- Amendments
- For HOA Declaration: amendment requires 60% of Owners in good standing (as per Third Amendment). For Bylaws: amendment requires 60% of Owners entitled to vote. For Condominium Declaration: amendment procedure in Section 12.2 (not fully prov (DOC 42481 PAGE 3: 'may be amended ... by)
Related associations
Overlaps: Rowlett Waterford Estates · Waterford Pk Homeowners
Nearby (within 500 m): Park Central Condominium Owners Association, Inc. · Araglin Court Homeowners Association, Inc · Churchill Pointe Homeowners Association · City North Condominiums
About this HOA
Waterford Pk Homeowners is a homeowners association in Addison, TX.
HOAproxy has 4 documents on file for Waterford Pk Homeowners: 4 amendments. Last updated 2026-06-07.