Vilamoura Homeowners Association, Inc.

Key facts from Vilamoura Homeowners Association, Inc.'s documents

Reflects the 2011 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

single-family residential planned community (Section 8.1)

Developer / declarant

Tepa Partners, Ltd., a Texas Limited Partnership (Preamble)

Assessments & dues

Initial maximum maintenance charge of $2,400.00 per annum per Lot (Section 2.5(a))

Special assessments

May levy special assessments for non-recurring maintenance or capital improvements; also special assessment equal to 12 months' estimated regular assessments upon sale of first Lot (Section 2.5(d))

Collections & liens

Assessments are a continuing lien on the Lot; may foreclose; subordinate to first mortgages; sale or transfer does not affect lien, but mortgage foreclosure extinguishes prior assessments (Section 2.4, 2.6, 2.7)

Reserves & fees

Association shall establish and maintain an adequate reserve fund out of regular annual assessments (Section 2.5(c))

Pets

Dogs, cats, or other household pets may be kept, but not for commercial purpose (Section 8.15)

Parking & vehicles

No vehicle, trailer, implements or apparatus may be driven or parked in Common Maintenance Area or on any easement (Section 8.18)

Fences

Fencing must be first quality residential type; visible from streets/common areas must be wrought iron, brick, stone, landscape or combination; non-visible may be smooth finish redwood or #1 grade cedar; steel posts set in concrete; only on (Section 8.23)

Architectural approval

No building, fence, wall, parking area, swimming pool, spa, pole, mailbox, driveway, fountain, pond, tennis court, sign, exterior color or modification shall be commenced without Committee approval (Section 7.3)

Solar & roof

Solar collector panels or equipment must be screened from public view at a point in center of public right-of-way directly in front of house (Section 8.25)

Home business

Home offices allowed if not prohibited by Town and not otherwise prohibited; may be terminated if creates unacceptable increase in traffic, deliveries, or on-street parking (Section 8.19)

Signs & flags

For sale sign max 2'x3'; model home signs max 24 sq ft; political signs max 30 days before election, removed within 5 days after; subcontractor signs max 2'x3' removed within 30 days; school spirit signs max 5 sq ft; estate/garage sale sign (Section 8.13)

Setbacks / home size

All front, side and rear setbacks must be approved by ARC and meet Town and Plat requirements; minimum offset of 3 feet between front setbacks of adjacent residences unless offsets or ARC approval (Section 8.7)

Maintenance

Owners responsible for maintenance of their Lot, including buildings, improvements, drainage easements, vacant land; Association responsible for Common Maintenance Areas and front lawn maintenance (Section 8.24(d), 3.1(b))

Insurance

Association may purchase general comprehensive public liability insurance for Common Areas (Section 4.2)

Use restrictions

Property shall be used for single-family residential purposes only (Section 8.1)

Voting & meetings

Class A: one vote per Lot; Class B: Declarant has five votes per unoccupied Lot (Section 2.8)

Amendments

Amendment requires instrument signed by Owners constituting not less than 75% of votes, countersigned by Town representative, and if Class B membership exists, approved by HUD; recorded in Denton County (Section 10.2)

Amenities

No specific amenities listed; Common Areas may exist but Declarant not obligated to establish any (Section 4.1)

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