Fairway Meadows Neighborhood Association

Key facts from Fairway Meadows Neighborhood Association's documents

Reflects the 2009 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Single-family residential subdivision (Article I.P - Residence definition; Arti)

Legal name

Fairway Meadows Neighborhood Association, Inc. (Article I.D)

Governing law

Texas Property Code Section 202.001(2) (Article I.D)

Assessments & dues

$2,100 per Lot per year ($175 per month) (Article V Section 3.A)

Special assessments

Allowed for capital improvements, exercising option to purchase Lot, and defraying deficits; capital improvement assessments require 2/3 vote; deficit assessments limited to 15% of current Annual Assessment (Article V Section 4)

Collections & liens

Assessments are a continuing lien on the Lot until paid; lien inferior to first-lien deed of trust; foreclosure allowed; Owner liable for costs and attorney's fees (Article V Section 1)

Reserves & fees

Association shall establish and maintain adequate reserve fund for replacement of Common Area improvements, funded from annual assessments (Article V Section 3.E)

Pets

Pets allowed, subject to City of Fort Worth Animal Control Ordinances (Article VI Section 5)

Parking & vehicles

No boats or vehicles of greater than 3/4 ton capacity may be parked on any Lot except in a closed garage, nor on any street except while transporting to/from a Lot (Article VI Section 8)

Fences

Fences require Architectural Committee approval (Article X Section 1)

Architectural approval

No improvement may be made without Architectural Committee approval, including buildings, alterations, fences, driveways, walkways, patios, grading, tree planting, exterior surface changes, repainting (Article X Section 1)

Home business

Allowed if: (1) use is incidental to residential dwelling; (2) complies with governmental ordinances; (3) no external evidence, no employee/public visits, no traffic; (4) no structure or thing visible from outside (Article VI Section 3)

Signs & flags

No signs or billboards except one sign not exceeding 2 feet square advertising sale or rental (Article VI Section 7)

Setbacks / home size

Building Limit Line designated on Plat (Article I.F)

Maintenance

Each Owner must keep buildings and improvements in good repair, clean and sanitary condition, and do necessary redecorating, painting, varnishing (Article VII)

Insurance

Cost of insurance assessed as Individual Assessment, each Lot assessed equally; Common Area deductible is common expense (Article VIII Section 3)

Use restrictions

Lots are for residential purposes only (Article VI Section 3)

Voting & meetings

Each Owner has one vote per Lot owned; if multiple owners, only one vote per Lot (Article II; Article IV Section 1)

Amendments

Owners of at least three-fourths of Lots may amend by written instrument; amendment cannot impair rights of prior recorded deed of trust holders unless they join (Preamble; Article XIV Section 1)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.