Saddle Creek at Gateway Homeowners

What Saddle Creek at Gateway Homeowners's governing documents say

This is a partial amendment to the homeowners association rules for Saddle Creek at Gateway, a single-family HOA community in Grayson County, Texas. It only covers two specific changes—new fine authority and a working capital fee—and doesn't restate the full community rulebook.

• Violation fines: The HOA board may fine owners for violations committed by the owner, occupants, guests, agents, or invitees. Ongoing violations can be fined on a periodic basis (e.g., daily, weekly, or quarterly), while one-time violations can be fined per occurrence, with the board setting the fine schedule.
• Working capital fee: A working capital assessment is charged when a lot is first sold by the builder and again on each resale, with limited exceptions (such as foreclosures, deed-in-lieu, or certain family transfers). The money goes into the association's working capital reserve account.
• What this document doesn't cover: These are amendments only—they don't describe the rest of the community's rules, such as architectural guidelines, property maintenance, leasing restrictions, or use of common areas. Those are in the main declaration and accompanying documents.

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.