Thornhill Ranch Estates Homeowners

What Thornhill Ranch Estates Homeowners's governing documents say

Thornhill Ranch Estates is a standard single-family homeowners association (HOA) in Little Elm, TX. These three recorded policies—Payment Plan, Document Inspection & Copying, and Document Retention—are administrative rules adopted by the HOA board. They bind all lot owners and supplement the broader Declaration of Covenants, Conditions & Restrictions (CC&Rs).

• Payment plans for delinquent assessments: Eligible owners may enter a payment plan if they are currently delinquent and haven't defaulted on a prior plan in 2 years. For amounts over $1,000, the term is 12 months; $1,000 or less, 4 months. An initial payment of 25% is required, with equal monthly installments due by the 15th. Fees: $20 setup + $10/month monitoring. Owners must remain current on new assessments during the plan.
• Inspecting and copying association records: Owners may request to inspect or copy HOA books and records via certified mail. Inspection is arranged within 10 business days; copies must be provided within 10 business days (or 15 if delayed). Copy costs: $0.15 per standard page; CDs $1, DVDs $3, oversize $0.75, specialty at actual cost. Labor: $20/hour plus 20% overhead. No charge for 50 or fewer pages. Owner may be asked to pay estimated costs upfront.
• Document retention by the association: The HOA must keep certain records for set periods: governing documents permanently; financial records (budgets, statements, bank records) for 7 years; current owner account records for 5 years; former owner accounts for 1 year; contracts over 1 year for 4 years after expiration; meeting minutes for 7 years; tax returns/audits for 7 years. If litigation or investigation arises, related documents must be kept indefinitely.
• What this document doesn't cover: These three policies are ancillary and do not include the full CC&Rs or other rules about architectural standards, parking, pets, leasing, or use restrictions. For those, you would need to review the recorded Declaration and any other association rules and bylaws.

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.