Timberland Homeowners

What Timberland Homeowners's governing documents say

This is a set of partial documents for the Timberland residential subdivision in Keller, TX. It includes a deed restriction for a specific property that imposes affordable housing subsidy repayment requirements, and an annexation adding lots to the Timberland Homeowners Association. The full declaration of covenants, conditions, and restrictions for the community is not included.

• Affordability (HELP subsidy): A deed restriction on Lot 31, Block 21 of Timberland Phase II-B requires repayment of a $7,000 direct subsidy if the property is sold or refinanced within a 5-year retention period starting 1/20/2009. Repayment is prorated (1/60 per month) and only required from net gain unless the new purchaser is a low- or moderate-income household (income ≤80% area median).
• Annexation of property: The Third Annexation (2008) added multiple lots (Blocks 19-23) and common area (Lot 1X Block 21 and Lot 1X Block 22) to the Timberland HOA, subjecting them to the existing Declaration. It also amended definitions of common area, association-maintained fencing, and entry signs.
• What this document doesn't cover: The full Timberland HOA governing documents (e.g., assessments, pet rules, architectural guidelines) are missing. Only a fragment of a single-property deed restriction and an annexation are provided, so most community rules cannot be summarized.

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.