Homeowners Cobblestone I

What Homeowners Cobblestone I's governing documents say

This is a declaration of covenants, conditions, and restrictions for The Cobblestone, a townhome community in Denton County, Texas, with 40 individually owned townhome lots and shared common areas. It establishes a homeowners association (The Homeowners of Cobblestone, Inc.) and binds all current and future owners, their tenants, and mortgagees to its rules.

• What you own & maintain: You own your townhome lot and the interior of your unit. The association maintains the common areas and the exterior of the townhomes (roofs, exterior walls, fences, carports, landscaping, etc.), but you are responsible for interior fixtures, air conditioning systems, and any damage caused by your negligence.
• Assessments & fees: All owners pay annual assessments, which can increase up to 120% per year without a vote; higher increases require approval of two-thirds of owners. Special assessments for capital improvements also require two-thirds approval. Assessments are due monthly and are secured by a lien on your property; delinquent assessments accrue 10% annual interest and can lead to foreclosure.
• Leasing & rentals: Leases must be in writing and must bind the tenant to all rules and restrictions. There is no stated minimum lease term in this document, but the lease must include a provision that non-compliance is a default.
• Pets: You may keep a reasonable number of dogs, cats, or other household pets, but they cannot be raised, bred, or kept for commercial purposes. Livestock and poultry are prohibited.
• Architectural review: No building, fence, wall, or other exterior change can be made without prior written approval of the association's architectural control committee. Approval, once given, is irrevocable.
• Parking & vehicles: Each townhome has a carport with two exclusive parking spaces. Parking areas cannot be used for storing boats, trailers, campers, or inoperable vehicles without association permission.
• Use restrictions: Property is restricted to residential use only. No business activities are allowed. Clotheslines and storage must be screened from view. No fences or walls may be erected except as originally built or approved. Antennas require board approval. Activities that annoy neighbors are prohibited.
• What this document doesn't cover: This excerpt does not specify the current dollar amount of assessments, the exact number of pets allowed, or any age restrictions. It also does not include the full text of the association's bylaws or rules and regulations.

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.