Fieldstone Place Village Homeowners Association, Inc.

What Fieldstone Place Village Homeowners Association, Inc.'s governing documents say

This is a supplemental filing of administrative policies for the Fieldstone Place Village Homeowners Association, a standard HOA in McKinney, TX. It does not contain the community's main covenants or rules; instead, it records state-required policies on payment application, payment plans, document access, record retention, and email registration.

• Application of Payments: When you make a payment, the association applies it in this order: any delinquent assessment, then current assessment, then attorney/collection costs that could lead to foreclosure, then other attorney fees, then fines, then any other amounts owed.
• Alternative Payment Plans: If you are delinquent, you can request a 3-month payment plan with an initial payment of 25% of the total owed, followed by equal monthly installments. You must not have defaulted on a prior plan in the last two years. While on the plan, no late fees or penalties accrue (except interest and administration fees), but you must stay current on new assessments.
• Document Inspection & Copying: You can inspect and copy association records by written request. The association must respond within 10 business days. Copy costs: $0.10 per standard page, plus $15/hour labor (with a 20% overhead charge for larger requests). You may need to pay estimated costs upfront.
• Record Retention: The association must keep governing documents permanently; financial records for 5 years; owner account records for 5 years; contracts for 4 years after expiration; meeting minutes for 7 years.
• Email Registration for Meeting Notices: You can register your email on the management company's website to receive notice of board meetings. It's your responsibility to keep your email updated; the association is not required to seek out your email if you don't register.
• What this document doesn't cover: This supplement does not include the community's main covenants, conditions, and restrictions, nor any rules about property use, architectural control, pets, parking, leasing, or assessments amounts. Those are in the original Declaration and other governing 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.