One Eagle Oaks Owners

What One Eagle Oaks Owners's governing documents say

One Eagle Oak Owners Association is a standard homeowners' association (HOA) for the six single-family residential lots at 6562–6580 Wells Burnett Road in Fort Worth (Haltom City area), Texas. The declaration binds all current and future owners to a uniform plan for maintenance and use of the property, including common areas, and establishes the Association's authority to levy assessments and enforce rules.

• Assessments & fees: Monthly maintenance assessments are paid by each owner, initially capped at $35/month for the first 12 months. Annual increases cannot exceed 10% without a majority owner vote. Delinquent assessments accrue 10% annual interest and become a lien on the lot, enforceable through foreclosure.
• Maintenance responsibilities: The Association is responsible for maintaining common areas and community facilities (once conveyed). Each owner is responsible for the interior and structural portions of their building, including all utility lines within the exterior walls.
• Common areas and community facilities: Common areas are for non-exclusive use by owners, subject to board rules. The board may limit the number of guests and suspend use for delinquent owners. Maintenance costs are shared pro rata.
• Pet rules: Dogs, cats, and usual household pets may be kept as permitted by board rules. No other animals, livestock, birds, or poultry are allowed.
• Use restrictions: No lot may be used in a way that creates a nuisance, obstructs other owners, or involves illegal activity. Only customary sale/lease signs are allowed. All trash must be kept in sanitary containers. No racial restrictions on sale, lease, or occupancy.
• Damage, destruction, and rebuilding: If a building is damaged or destroyed, the owner must rebuild within six months substantially according to original plans, or clear and level the lot. Insurance proceeds for community facilities are distributed pro rata if not rebuilt.
• Amendments and term: The declaration runs for 50 years from recording (2000), auto-renewing for 20-year periods unless 75% of owners cancel. Declarant may amend unilaterally until owning less than 75% of lots; thereafter, 75% owner approval is needed. Certain amendments affecting lenders require written consent from all first lien holders.
• What this document doesn't cover: This declaration does not specify any age restriction, leasing minimum term limits, architectural review process details, or rules about parking, vehicles, or recreational amenities (e.g., pools, playgrounds). The board may adopt additional rules for these matters.

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.