Villages of Bear Creek Owners Association, Inc.

What Villages of Bear Creek Owners Association, Inc.'s governing documents say

This is a 1990 lender-oriented certificate from the Villages of Bear Creek Owners Association, not a full HOA rulebook. It confirms to a lender that a specific 14.3-acre parcel (Fountain Inwood) has no unpaid assessments, lies outside the association's common area, and meets construction standards. It is an ancillary document, so it won't tell you the community's everyday rules.

• What this document is: A certificate the association gave to a lender to support a $22 million loan, confirming the association's authority and certain facts about the property.
• Assessments: The association warrants there are no past-due assessments or liens on the property, and any future assessment lien will be subordinate to the lender's deed of trust.
• Common Area: The property is not part of the association's common area, so the common-area rules don't apply to it, and the association waives claims to casualty or condemnation proceeds for this parcel.
• Construction standards: All construction standards and requirements in the declaration have been satisfied, and the association waives any right to demand removal or alteration of existing improvements on the property.
• Association role: The association confirms it is responsible for collecting assessments, enforcing covenants, running the Architectural Review Committee, and maintaining common areas — but this document gives no details on those rules.
• What this document doesn't cover: It contains no information on leasing, pets, age restrictions, fees, parking, or typical homeowner obligations — for those, you'd need the actual declaration of covenants, conditions, and restrictions.

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.