Stacy Estates Homeowners Association

What Stacy Estates Homeowners Association's governing documents say

This is an amendment to the covenants, conditions, and restrictions (CC&Rs) for Stacy Estates, a single-family homeowners association in Allen, TX. It does not contain the full rulebook — it only makes a few specific changes to the original declaration: it adds a one-time $200 initiation fee for most new owners, changes a 30-day notice period to 60 days, and sets a deadline for the association's annual report. Existing owners and prospective buyers should know the basics, but the full CC&Rs are needed for all community rules.

• Initiation fee: Each owner who purchases a lot (unless the buyer is purchasing it from a builder who constructed the improvements for sale to a third-party consumer) must pay the association $200 at the time of purchase, in addition to regular and special assessments.
• Notice period change: Article 4, Section 4.05 was amended to change a required notice period from 30 days to 60 days; the exact subject of that notice is not stated in this excerpt.
• Annual report: Starting in 2009, the association must make an annual report available to each owner within 90 days after the end of the year.
• What this document doesn't cover: This is only a partial amendment, not the full declaration. It omits most HOA rules (e.g., architectural review, property use restrictions, assessments, maintenance obligations), which remain in the original CC&Rs.

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.