Fairview Villages

What Fairview Villages's governing documents say

Fairview Villages (in Fairview, TX) is a single-family homeowners association governed by its Declaration of Covenants, Conditions and Restrictions (not fully included here). This document is a Notice of Filing of Dedicatory Instruments that attaches the HOA's Articles of Incorporation, Bylaws, and a First Amendment to Bylaws. These are the corporate governing documents of the HOA itself, not the full rulebook for residents. They establish the HOA as a nonprofit corporation, define membership (automatic for every lot owner), set up a board of directors (initially 3, later increased to 5 with staggered 3-year terms), outline meeting and voting procedures, and provide for assessments and financial reporting. However, specific use restrictions (pets, leasing, architectural standards, parking, etc.) are contained in the separate Declaration, which is not provided here.

• Who the HOA binds: The HOA binds all lot owners in Fairview Villages; membership is automatic and runs with the land.
• Board of Directors: The board initially has 3 directors, later increased to 5. After transition to homeowner control, directors serve staggered 3-year terms. Directors are elected by members at annual meetings; cumulative voting is not allowed. No director or officer receives compensation.
• Meetings & voting: Annual member meetings must be held within 90 days after the fiscal year. Quorum is 30% of votes entitled to be cast. Members may vote by proxy (valid up to 11 months). Special meetings can be called by a majority of the board or by members representing 10% of total voting power.
• Assessments: Each lot owner covenants to pay regular assessments, special purpose assessments, and other charges as provided in the Declaration. The board must distribute an annual budget showing the per-lot regular assessment amount.
• Financial reporting: The HOA must provide an annual budget and an unaudited annual report (balance sheet, income statement, changes in financial position) to all members.
• Amendments: Bylaws may be amended by the board unless the Declaration or Texas law reserves that power to members. The Declaration can be amended per its own provisions.
• City rights & maintenance: If the HOA fails to maintain common properties, the City of Fairview may step in to maintain them and can levy assessments to cover costs. The HOA cannot abandon its maintenance obligations without city consent.
• What this document doesn't cover: This document does not include the actual use restrictions for residents (e.g., pet limits, leasing rules, architectural standards, parking, age restrictions). Those are in the Declaration (CC&Rs), which is not part of this filing. For complete rules, a reader must also review the recorded Declaration.

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.