Villages of Greenway Park Homeowners Association, Inc.

What Villages of Greenway Park Homeowners Association, Inc.'s governing documents say

Villages of Greenway Park is a homeowners association (HOA) community of single-family homes in Denton County, Texas. This document is a recorded amendment that replaces the HOA's covenant enforcement and fining policy and its assessment collection policy, outlining how rules are enforced, fines are levied, and unpaid assessments are collected. It applies to all homeowners in the community.

• Covenant enforcement process: The HOA can send a courtesy notice, then a formal notice of violation, and must allow a hearing if requested. The owner has at least 30 days to request a hearing, and the HOA must provide a document packet before the hearing. Fines can be imposed after the notice process, and repeat violations may skip notice.
• Fines schedule: Fines vary by violation type: curable violations up to $500 initially, then up to $1,000 per month; uncurable violations are one-time fines up to $500. Certain violations, like failing to construct per approved plans when modification is allowed, can be fined up to $10,000 one-time. Repeat offenders may have fines doubled.
• Assessments due dates & late fees: Annual assessments are due January 1 and July 1 (semi-annual). Any unpaid amount becomes delinquent 10 days after the due date. A $25 late charge applies, and interest accrues at 18% per annum from the due date until paid.
• Collection procedures: The HOA sends a first notice giving 30 days to cure, then a second notice (certified mail) giving 45 days. If still unpaid, the account may go to legal counsel, leading to a lien (recorded no earlier than 90 days after the default letter) and potential foreclosure (expedited or judicial). Attorney's fees and collection costs are added to the debt.
• Payment plans: The HOA has guidelines for alternative payment plans for delinquent owners, as required by Texas law, but the details are not in this excerpt.
• What this document doesn't cover: This amendment does not contain the full CC&Rs or the community's general rules (e.g., architectural standards, pet restrictions, rental rules). It focuses only on enforcement, fines, and assessment collection; other rules are in other governing 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.