Oakbend Addn Homeowners
Homeowners association — you own your lot and home; the association maintains common areas and enforces covenants.
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What Oakbend Addn Homeowners's governing documents say
Oakbend Addition is a single-family home subdivision in Coppell, TX, governed by a homeowners association (Oakbend Addition Homeowner Association, Inc.). This document is the amended and restated declaration that sets the rules for homeowners, including assessments, maintenance responsibilities, and property use restrictions. Owners own their lot and home, while the association maintains common areas.
- What you own & maintain: Each owner holds fee simple title to a lot (Homesite) and is responsible for maintaining the lot and any improvements on it. The association maintains the common areas, including recreational common area and screening walls.
- Assessments & fees: The regular annual assessment is a maximum of $120 per lot for Class A members (homeowners) and $30 per lot for Class B members (Declarant). The board may increase assessments only with majority approval. Delinquent assessments incur late charges and can become a lien on the lot.
- Property rights & restrictions: Lots cannot be subdivided (Section 4.03). Owners have non-exclusive easements to use common areas. Utility easements must be kept free of structures. The association can adopt rules governing common area use.
- Voting & membership: Each lot owned by a Class A member (non-Declarant) gets one vote. Declarant (Class B member) gets three votes per lot until certain conditions are met. Voting rights vest upon recording of the declaration.
- Enforcement & compliance: Owners, residents, and tenants must comply with the declaration, bylaws, and rules. Non-compliance can result in legal action for damages or injunctive relief. The association may also suspend membership rights for delinquent assessments.
- Insurance: The association must maintain fire, extended coverage, and liability insurance on common areas, and a fidelity bond as required by FNMA/GNMA. Insurance proceeds are held in trust for repair or reconstruction.
Key facts from Oakbend Addn Homeowners's documents
- Community type
- Covenant / Planned Community
- Legal name
- Oakbend Addition Homeowners
- Developer / declarant
- Centex Real Estate Corporation, a Nevada corporation doing business as Centex Homes (Opening paragraph)
- Assessments & dues
- Maximum $120.00 per Lot for Class A Members; $30.00 per Lot for Class B Members for first assessment year. (Section 8.05(A))
- Special assessments
- Special assessments are contemplated; levied equally against all Owners. (Section 8.07)
- Collections & liens
- Unpaid assessment becomes a lien upon recording notice. Lien enforceable by foreclosure under Texas law, including non-judicial power of sale. Lien expires after 1 year unless extended. Association may purchase Lot at foreclosure. (Section 8.01)
- Reserves & fees
- Board shall establish and maintain reserves for Common Area replacements and maintenance. Budgets shall provide for reserves. Excess reserves may be reallocated to other reserve funds. (Section 8.04)
- Insurance
- Association shall maintain fire and extended coverage casualty insurance on Common Area at full insurable value (replacement cost), and liability insurance with adequate limits. (Section 9.01(A))
- Voting & meetings
- Class A Members (owners other than Declarant): 1 vote per Lot owned. Class B Member (Declarant): 3 votes per Lot owned until conversion to Class A. (Section 7.03)
- Amendments
- Generally requires 67% of Voting Power of each class (if two-class) or 67% of total Voting Power and 67% of Members other than Declarant (if single-class). Material amendments also require 67% of Mortgagees consent. Declarant may amend with (Section 12.08)
About this HOA
Oakbend Addn Homeowners is a homeowners association in Coppell, TX.
HOAproxy has 1 document on file for Oakbend Addn Homeowners: 1 amendment. Last updated 2026-06-07.