Parkwood Ranch Homeowners Association, Inc.

Key facts from Parkwood Ranch Homeowners Association, Inc.'s documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Title and throughout)

Legal name

Parkwood Ranch Homeowners Association, Inc. (Definitions, 'Association')

Units / lots

Lots 1-11 Block A; 1-35 Block B; 1-8 Block C; 1-28 Block D; 5-8 Block E; 12-20 Block G; 1-10 Block H in Phase I, plus all lots in Phase II (29.195 acres) (Exhibit A)

Developer / declarant

Harlan Properties, Inc., a Texas corporation (Preamble)

Governing law

Texas Business Organizations Code (Exhibit B, Article 3)

Assessments & dues

Board fixes amount and due dates; budget prepared by President (Sections 4.4, 4.8; Bylaws 4.4)

Special assessments

Special Assessments may be levied by Board; amount and due dates fixed by resolution (Sections 4.4, 4.8)

Collections & liens

Assessments are a lien on the Lot; vendor's lien reserved; enforceable by non-judicial or judicial foreclosure (Section 4.2)

Reserves & fees

Board may establish reserve funds, maintained separately from operating funds (Section 2.5)

Parking & vehicles

No vehicle or equipment may be used as residence or office; no commercial vehicles (Section 5.6(e))

Fences

Fences must be masonry, brick, wood, or other durable material; no chain link; no fence within 30 ft of street; max height 8 ft (Section 5.10)

Architectural approval

No building, fence, or other improvement may be constructed, placed, or altered without prior written approval of Architectural Control Committee (Section 5.11(c))

Solar & roof

Roofing must be 30-year shingle minimum (Section 5.8)

Home business

Home office for incidental use allowed (Section 5.6(n))

Signs & flags

Only one professional sign up to 5 sq ft for sale/rent; builder signs; spirit signs; political signs up to 5 sq ft, max 30 days before election, removed within 10 days after; all ground-mounted, max 3 ft high; no signs maligning Declarant o (Section 5.6(q))

Setbacks / home size

No dwelling nearer to front or side street line than minimum setback shown on plat or required by governmental authority (Section 5.9)

Maintenance

Owner responsible for roof maintenance and repair (Section 6.6)

Use restrictions

Lots are for residential purposes only; no commercial or manufacturing except home office incidental use (Section 5.6(n))

Voting & meetings

Class A: 1 vote per Lot; Class B: 1 vote per Lot; Class C (Declarant): 5 votes per Lot owned and per Lot owned by Class B (Section 1.2)

Amendments

For first 6 months after recording, Declarant alone can amend; thereafter, with consent of Declarant (while Class C exists) and 75% of outstanding votes (Section 6.14)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.