Wells Farm Homeowners Association, Inc.
Homeowners association — you own your lot and home; the association maintains common areas and enforces covenants.
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What Wells Farm Homeowners Association, Inc.'s governing documents say
Wells Farm is a single-family HOA in Farmersville, TX, governed by a Declaration of Covenants, Conditions, and Restrictions. This filing includes the HOA's fine and enforcement policy, assessment collection policy, a working capital assessment resolution, a management certificate, and a parking policy for the common area lot. It tells you how the HOA enforces rules, collects dues, and manages parking, but it is not the full set of community rules.
- Fines & enforcement: The HOA can fine owners for violations like unapproved improvements, yard or vehicle issues, and nuisance. Fines start at $50 and can escalate to $200 per occurrence; serious violations like unapproved improvements or leasing violations are $500 per day. Owners get notice and a chance for a hearing before fines are final.
- Assessments & late fees: Annual assessments are due by January 31. Late payments accrue 12% annual interest and a $25 late fee. The HOA sends delinquency notices and can suspend common-area use, charge collection costs, and foreclose on its lien if unpaid.
- Payment plans: Owners who are delinquent can request a payment plan of 3 to 12 months, requiring a 25% down payment. Plans are limited to once per 12 months, and a prior default can disqualify you for two years.
- Transfer fees & working capital: When a property is sold, the new owner pays a working capital assessment equal to one annual assessment, plus various transfer fees (resale certificate, refinance, etc.). The exact amounts are not listed here.
- Parking & vehicles: The HOA has a common parking lot for residents and guests. Residents must register vehicles, can park only one vehicle at a time, and cannot leave a vehicle in the same spot for more than 14 days. Guests can park up to 24 days per month but no more than 7 consecutive days. Violations can lead to warnings, fines, or towing.
- What this document doesn't cover: This filing does not include the full Declaration or architectural rules, pet limits, leasing restrictions, or other standard HOA covenants. Those are in separate recorded documents.
Key facts from Wells Farm Homeowners Association, Inc.'s documents
- Community type
- Homeowners Association (Page 1)
- Legal name
- Wells Farm Homeowners Association, Inc. (Page 1)
- Governing law
- Texas Property Code (Page 1)
- Assessments & dues
- Board shall fix the amount of the annual assessment against each lot for the following year (Page 12)
- Collections & liens
- Any fine levied by the Association is the personal obligation of the Owner and constitutes a Special Individual Assessment and lien on the Lot pursuant to Article V, Section 3 of the Declaration. (Page 8)
- Reserves & fees
- Resale Certificate Fee, Resale Certificate Update Fee, Refinance Fee, Transfer of Account Fee, Capitalization Fee (amount must be confirmed with the Association) (Page 2)
- Parking & vehicles
- Only vehicles belonging to current residents who have registered their vehicle with the Association or their guests may be parked in the HOA Parking Lot. (Page 1)
About this HOA
Wells Farm Homeowners Association, Inc. is a homeowners association in Farmersville, TX.
HOAproxy has 3 documents on file for Wells Farm Homeowners Association, Inc.: 3 recorded documents. Last updated 2026-06-15.