Lakes of La Cima Homeowners Association, Inc.

What Lakes of La Cima Homeowners Association, Inc.'s governing documents say

Lakes of La Cima is a standard single-family home HOA in Prosper, TX. The following documents are recorded policies — a Covenant Enforcement and Fine Policy and a Collection Policy — that supplement the full Declaration of Covenants, Conditions, and Restrictions (CCRs). They bind all homeowners and describe how violations are handled, fines are assessed, and delinquent assessments are collected. The actual CCRs (which contain the complete set of restrictions) are not included here.

• Violation notice & hearing process: The Association sends an Initial/Courtesy Notice, then a Notice of Violation (by certified mail) giving at least 14 days to cure. The owner may request a hearing within 30 days of the notice. If not cured, a fine may be imposed and self-help corrective action taken.
• Fine amounts for common violations: Common violations (e.g., holiday decorations >30 days, unapproved vehicles, lawn neglect): $50 first, $100 second, $200 third, $400 fourth and subsequent. Fines can be imposed daily and aggregate is not capped.
• Fine amounts for unapproved ACC modifications: Improvements made without Architectural Control Committee approval: $100 first, $200 second, $400 third, $500 fourth and subsequent. Health/safety violations: fine up to $2,000 per occurrence.
• Assessment due dates & delinquency: Annual assessments are billed quarterly, due on the 1st of Jan, Apr, Jul, and Oct. Payments not received by the 30th of the month are delinquent. Late fees and interest start accruing after the delinquency date.
• Collection steps & foreclosure: For delinquent amounts: a Reminder Statement, then an Association Demand Letter (allowing cure before day 61), then possible foreclosure (expedited under Texas Rules 735/736 or judicial). Attorney's fees and collection costs are charged to the owner.
• Payment plans: Owners may request a payment plan. Minimum term 3 months, maximum 18 months (equal payments). All violations must be cured before a plan is approved. If the owner defaults, suspended late fees are reinstated and the balance becomes immediately due.
• Common violations (examples): Listed common violations include: holiday decorations not removed within 30 days; using property for storage (boats, trailers, RVs, oversized work vehicles); exterior disrepair (peeling paint, broken fixtures); unmaintained lawns, flower beds, and tree wells; unapproved modifications; vehicles with expired/missing license plates or parked on grass; and violations of leasing or occupancy rules.
• What this document doesn't cover: These policies do not contain the full CCRs. They do not cover basic restrictions (e.g., pet limits, leasing terms, architectural guidelines, fencing, colors, etc.), which are in the separate Declaration. For a complete picture, you need the actual Declaration and any amendments.

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.