Sports Village

What Sports Village's governing documents say

This is a Declaration of Easements, Covenants and Restrictions for Sports Village, a commercial mixed-use development in Frisco, TX. It governs the use, development, and maintenance of the property, which is intended to include sports-related commercial, office, and retail uses. The document applies to lot owners within the development and establishes an association that may be formed to manage common areas.

• Property use & restrictions: The property is intended for commercial uses within a sports village theme. Prohibited uses include warehouses, manufacturing, dry cleaning, pornographic establishments, massage parlors (except massage therapy in sports facilities), mortuaries, bars/nightclubs where alcohol sales exceed 50% of gross sales, pawn shops, and flea markets.
• Architectural review: No improvements may be erected, altered, or demolished on a lot without prior written approval of the Declarant (developer). Plans must be submitted and are subject to subjective review. Approval expires if construction does not begin within six months. Interior alterations that do not affect the exterior generally do not require approval.
• Assessments & fees: Annual assessments are levied per lot, initially capped at $125/month (subject to increase up to 10% annually after the effective date without owner consent). Special assessments may also be imposed. Each owner's share is based on the gross square footage of their lot relative to the total. Unpaid assessments accrue interest at the default rate and may become a lien on the property.
• Maintenance responsibilities: Owners are responsible for maintaining landscaping, roads, paved areas, and rights-of-way on their lots. If an owner fails to maintain after 30 days' notice, the Declarant, Association, or another owner may perform the maintenance and recover costs, which can become a lien.
• Parking & access: Mutual and reciprocal easements are granted for pedestrian and vehicular access over sidewalks, roadways, and parking areas within the common areas. Each lot must meet self-parking requirements for its own improvements. The Declarant retains the right to relocate easement areas as long as it does not materially interfere with use.
• Association governance: An association may be established by the Declarant. If formed, it will have a board, and members (lot owners) will have voting rights based on a Class A and Class B membership structure. The board can make rules, enforce covenants, collect assessments, and maintain common areas.

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.