Windsor Place at Preston Trail

What Windsor Place at Preston Trail's governing documents say

Windsor Place at Preston Trail is a standard single-family HOA in Addison, TX. These are two partial amendments to the community's Declaration of Covenants, Conditions, and Restrictions. They add specific rules but do not replace the full governing document, which covers other standards for the neighborhood.

• Working capital assessment on sale: Every time a lot is sold, the purchaser must pay a $500 working capital assessment at closing to the HOA. This fee is not an advance on regular assessments and is secured by a lien on the lot.
• Limit on number of lots owned: No individual or entity may own more than two lots at the same time. If an owner holds two lots, they (or a designated representative, if the owner is not a natural person) must reside in one of the lots. This rule does not apply to lenders taking title via foreclosure.
• What this document doesn't cover: These amendments do not address leasing, pets, parking, architectural standards, or other typical HOA rules. The original Declaration and prior amendments contain those rules and remain in effect.

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.