Altamura Estates

What Altamura Estates's governing documents say

Altamura Estates is a single-family-home subdivision within the larger Stonebridge Ranch master-planned community in McKinney, TX. You own your lot and house; a village-level homeowners association (Altamura Estates HOA) maintains certain common areas and enforces rules, and you are also automatically a member of the Stonebridge Ranch master association. This Declaration creates the village HOA and sets out covenants, restrictions, and assessments that run with the land.

• Master association & sub-association: Properties are subject to both the Stonebridge Ranch Master Declaration and this Village Declaration. The Master Association has superior authority; the Village Association may adopt more restrictive rules. Owners are members of and assessed by both organizations.
• What you own & maintain: You own your platted lot and any improvements (house, structures). The Association owns and maintains the Common Properties (e.g., private street, entry features, landscaping) as defined in the Declaration. Initially, no portion of a lot is an Area of Common Responsibility (i.e., the HOA does not maintain your yard unless later designated).
• Architectural review: An Architectural Review Committee (ARC) oversees all changes to lots and structures, per Design Guidelines attached as Exhibit D. Any improvement—including buildings, fences, walls, changes in grade over 3 inches—requires prior approval. The Master Association's MARC also has authority.
• Assessments: The Association may levy Base Assessments on all lots to fund Common Expenses. Special and Specific Assessments are also authorized. During the Class B Control Period (developer control), initial development costs are not Common Expenses unless approved by Class A members. Unpaid assessments can lead to suspension of Common Property use and liens.
• Leasing & rentals: The Board may adopt rules governing leasing, occupancy, and use of the Properties. Owners who lease must assign their Common Property use rights to the tenant for the lease term. No specific minimum lease term or restrictions are stated in this excerpt; those may appear in later sections or separate rules.
• Common Properties & use: All owners and residents have a non-exclusive easement to use Common Properties (private street, entry features, etc.) subject to Association rules. The Association may charge fees, suspend use for violations, and allow non-owner use. Owners are liable for damage caused by themselves, tenants, or guests.
• Enforcement & fines: The Association may impose monetary fines, suspend services, and use self-help or court action to enforce the Governing Documents. The Master Association and the City of McKinney also have enforcement rights. The prevailing party in enforcement actions may recover costs and attorneys' fees.

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.