Lakes at Lost Creek Home Owners

What Lakes at Lost Creek Home Owners's governing documents say

This is the Declaration of Covenants, Conditions, and Restrictions (CC&Rs) for The Lakes at Lost Creek Home Owners Association, a single-family home community in Benbrook, TX. The document establishes the HOA's authority to maintain common areas (including a recreation center and open space), collect assessments, and enforce architectural standards. It binds all homeowners in the development.

• Assessments & fees: Each lot pays an annual assessment initially set at $300, which can be increased up to 10% per year without a membership vote; larger increases require a two-thirds vote of members present. Special assessments up to the annual amount can be levied by the board without a vote. A one-time working capital assessment of $300 is due at closing.
• Architectural review: All exterior changes to structures or landscaping require prior written approval from the Architectural Control Committee (ACC). The ACC must act within 15 days of receiving plans; failure to act is deemed approval. The ACC also adopts Design Standards to ensure harmony of design.
• Common property ownership & use: Common property includes the Recreation Center (Lot 1X, Block 7) and Open Space Lots (3X and 25X, Block 1). All owners have an easement to use common property, subject to HOA rules and possible suspension for violations. The association can permit non-owner use.
• Developer control period: Declarant retains the right to appoint and remove board members and officers until 20 years after this declaration is recorded, or until all lots are sold to non-developer owners, or until Declarant surrenders control. During this period, Declarant has special voting rights and approval over special assessments.
• Membership & voting: Each lot owner is a Class A member with one vote per lot. Declarant is a Class B member with three votes per lot owned, but never fewer than the total Class A votes plus one. Class B membership converts to Class A when developer control ends.
• Maintenance responsibility: The association maintains common property (e.g., recreation center, landscaping, private drives, signage, lighting, security gates) and may also maintain certain improvements in dedicated rights-of-way. Lot owners are responsible for maintaining their own lots and structures.
• What this document doesn't cover: This excerpt does not include specific rules on pets, leasing (e.g., minimum lease terms), parking, or age restrictions. Those may appear in other parts of the declaration or in separate association rules.

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.