Fw Stonegate Owners Association, Inc.

What Fw Stonegate Owners Association, Inc.'s governing documents say

This is a partial document (Bylaws and Policies & Guidelines) for a standard single-family homeowners association in Fort Worth, TX, called FW Stonegate Owners Association, Inc. It describes the association's governance structure, meeting procedures, and record-keeping policies, but does not contain many of the specific rules that affect daily life (like leasing restrictions, pet limits, or architectural standards)— those would be in the separate Declaration of Covenants, Conditions, and Restrictions.

• Governance & voting: Each lot gets one vote, except the developer (Declarant) gets ten votes per lot. A 20% quorum of total votes is required for member meetings. The board has three directors initially, all appointed by Declarant during the Development Period.
• Board powers & meetings: The Board can adopt rules, levy assessments, enforce restrictions, and borrow money (up to 25% of budgeted expenses without member vote). Board meetings are open to members except for executive sessions on personnel, litigation, or confidential matters.
• Member meetings & voting: Annual meetings must be held within 45 days after the fiscal year ends. Special meetings can be called by the board or by petition of 25% of voting members. Proxies are allowed but expire after 11 months.
• Record keeping & inspections: The Association must retain governing documents permanently, financial records for 7 years, and owner account records for 5 years. Members can inspect books and records with a written request sent by certified mail, and the Association must respond within 10 business days.
• Hearing procedure for violations: Before imposing fines or suspending rights, the board must send a written demand to cease the violation, then provide notice of a hearing at least 30 days later, and hold a hearing where the member can present evidence.
• What this document doesn't cover: This document does not include many common HOA rules such as leasing minimums, pet limits, architectural control standards, parking rules, or specific assessment amounts. Those are located in the recorded Declaration and separate design guidelines.

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.