Highland Court (flower Mound) Homeowners Association

What Highland Court (flower Mound) Homeowners Association's governing documents say

Highland Court is a standard single-family residential HOA in Flower Mound, Texas. This declaration creates a mandatory homeowners' association with mandatory assessments and a lien that can be foreclosed, even on a homestead. It also gives the developer (Declarant) substantial control during the development period, including the right to set assessments and amend the declaration without owner consent.

• Mandatory membership & voting: Every lot owner is a member of the HOA. During the development period (until 2030 or earlier), the developer controls the board and has one vote per lot plus an extra at-large vote; other owners have no voting rights. After that, each lot gets one vote.
• Assessments & fees: Regular assessments are set by the developer during the development period, then by the board. Special assessments up to 50% of the regular annual assessment can be imposed without owner vote. There is a $300 working capital fee for resale buyers, 18% annual interest on late payments, and a $25 monthly late charge.
• Lien & foreclosure risk: Unpaid assessments create a continuing lien on your property, superior to most other liens (except taxes and first mortgages). The HOA can foreclose on this lien, even if the property is your homestead.
• Architectural review: Any exterior modification (building, fence, landscaping, etc.) requires written approval from the Architectural Control Committee (ACC). The ACC can adopt guidelines and charge review fees. Variances are possible but limited.
• Security services disclaimer: The HOA may provide security services but is not liable for any criminal activity or failure to warn. Owners must indemnify the HOA and developer for any losses related to security.
• What this document doesn't cover: This excerpt does not include specific use restrictions (e.g., pets, rentals, parking) or detailed architectural guidelines. Those may be in later articles or separate documents.

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.