Erickson Farms Residential Community, Inc.

What Erickson Farms Residential Community, Inc.'s governing documents say

Erickson Farms is a single-family residential HOA community in Krum, Texas, governed by a Declaration of Covenants, Conditions, and Restrictions (CC&Rs). This document is the full rulebook for homeowners, covering property use, maintenance, architectural control, and assessments. It also includes a separate adoption of a $500 working capital assessment for each lot.

• Property use & restrictions: Lots are for single-family residential use only. No commercial or business activity is allowed unless it meets strict conditions (e.g., no customers visiting, no signs, no extra employees). Subdividing lots is prohibited without approval.
• Pets & animals: Only domestic household pets are allowed, with a maximum of three cats and dogs per lot. No exotic animals, livestock, or kennels. Pets must be leashed when outside the fenced yard, and owners must clean up waste. The board can require removal of a pet that becomes a nuisance.
• Maintenance & appearance: Owners must keep their lot and improvements in good condition, including lawn mowing, tree pruning, watering, and repainting. The board can designate maintenance to be done by the association at the owner's expense if the owner fails to comply. Owners are also responsible for maintaining landscaping between their lot and the street curb.
• Architectural review: All improvements, including construction, modifications, fences, pools, and exterior changes, require prior approval from the Architectural Control Committee (ACC). The ACC has sole discretion and may adopt design guidelines. Certain antennas and satellite dishes are permitted but must follow placement rules.
• Signs & flags: Signs are generally prohibited without ACC approval, but certain signs are allowed: one 'For Sale' sign (max 5 sq ft, removed within 2 days of sale), political signs (limited time), religious items on the door (max 25 sq in), and up to two school spirit signs. 'For Lease' and 'For Rent' signs are expressly prohibited. Flags: US, Texas, military, or college flags are allowed on flagpoles up to 5 feet attached to the house, or one freestanding flagpole up to 20 feet, with ACC approval for freestanding poles.
• Assessments & fees: The association can levy regular, special, and individual assessments. A working capital assessment of $500 per lot has been adopted, subject to change by the declarant during the development period. Late charges and interest may apply, and unpaid assessments can become a lien on the property.
• Leasing & rentals: The document does not specify minimum lease terms or rental restrictions beyond stating that leasing is not considered a business activity. However, 'For Lease' and 'For Rent' signs are prohibited.
• What this document doesn't cover: This document is the CC&Rs and a working capital assessment adoption; it does not include the full community manual, bylaws, or design guidelines, which may contain additional rules. It also does not specify the amount of regular annual assessments or any age restrictions.

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.