Cottonwood Hill Estates Homeowners Association

Key facts from Cottonwood Hill Estates Homeowners Association's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Definition of Association and use throug)

Developer / declarant

Las Colinas Lakeside Landing, Ltd. (First Amended Declaration, preamble)

Assessments & dues

$1,200.00 per year (Art. III, Sec. 3)

Special assessments

Allowed for capital improvements; approved by majority vote of membership (Art. III, Sec. 4 and Sec. 6)

Collections & liens

Unpaid assessments become a continuing lien on the property, superior to all except tax liens and first mortgage. Foreclosure may occur in like manner as a mortgage after recording notice of assessment lien. (Art. III, Sec. 10)

Reserves & fees

Late charge determined by Board of Directors, not to exceed maximum lawful amount, charged for each month assessment remains unpaid after due date (Art. III, Sec. 9)

Parking & vehicles

Habitual parking of trucks, trailers, mobile homes, recreational vehicles, boats, or commercial vehicles prohibited. 'Commercial vehicle' defined as vehicles bearing signs or having printed reference to commercial undertaking. (Art. V, Sec. 1(m))

Home business

Prohibited: 'No manufacturing, trade, business, commerce, industry, or other occupation whatsoever will be conducted or carried on upon any Lot' (Art. V, Sec. 1(l))

Use restrictions

Yes (Art. V, Sec. 1(a): 'No Lot shall be used)

Voting & meetings

Class A: one vote per Lot; Class B (Declarant): five votes per Lot owned until Turnover Date (Art. II, Sec. 2)

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