Stacy Road Townhomes Addition Mckinney 2017

What Stacy Road Townhomes Addition Mckinney 2017's governing documents say

This document is a supplemental declaration (amendment) to the Barcelona in McKinney HOA, annexing additional land that includes both detached single-family lots and townhome lots. It primarily governs the townhome lots within the Stacy Road Townhomes Addition, creating a sub-association structure within the larger HOA. The rules bind all lot owners, but townhome owners have additional obligations and an extra annual assessment.

• What you own & maintain: Townhome owners own their unit and the land within their lot; the HOA maintains all 'Areas of Common Responsibility' listed in Exhibit D, including roofs, exterior walls (outermost materials), surface water drainage, front lawns, and some common elements. Owners maintain interiors, private patios/yards, fences, first-story windows, and all interior systems (plumbing, electrical, etc.). Party walls shared between townhomes are subject to a reciprocal easement for maintenance and repair.
• Assessments: Townhome lots pay the standard annual HOA assessment plus an additional 'Townhome Lot Additional Assessment' initially set at $900 per year. This additional assessment can increase up to 20% annually without a vote; any increase above 20% requires a 60% vote of townhome owners only. Special individual assessments may be levied for maintenance or repairs to an Area of Common Responsibility that was damaged due to an owner's negligence.
• Architectural & use restrictions: Townhome lots are for single-family residential use only, with dwellings limited to three stories. All improvements require prior written approval by the Architectural Control Committee. Minimum floor area and specific design guidelines (e.g., sod, shrubbery beds, brick usage, mailbox types) are detailed in the original declaration and applicable exhibits, as modified by this supplement.
• Leasing & rentals: This supplement does not address lease terms or rental restrictions. Such rules would be in the original declaration or other governing documents not provided here.
• Pets: This supplement does not address pet restrictions. Pet rules would be in the original declaration or other governing documents.
• What this document doesn't cover: This is a partial amendment annexing land and creating rules specific to townhome lots. It does not contain complete governing rules for the community; many standard HOA topics (e.g., leasing, pets, parking, age restrictions, insurance details) are not included and must be found in the original Declaration of Covenants, Conditions, and Restrictions (CC&Rs) for Barcelona in McKinney.

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.