Fireside Village Residential Community

What Fireside Village Residential Community's governing documents say

Fireside Village is a standard single-family residential HOA in McKinney, TX. This document is a Third Amendment to the community's Declaration of Covenants, Conditions and Restrictions, updating rules on residential use and leasing. It binds all lot owners and residents, covering only the amended sections; other rules (e.g., assessments, architectural standards) are not included here.

• Single-family residential use: Each lot may only have one single-family private residence with an enclosed garage. No business, commercial, industrial, apartment, fraternity/sorority, hospital, or professional uses allowed. Incidental business uses may be permitted by the Board but must not increase parking or traffic.
• Leasing & rentals: Lots may be leased only for single-family residential purposes. Leases must grant exclusive use of the entire lot (no room rentals). Subleasing is prohibited. Short-term rentals, including backyard rentals, pool rentals, event venues, and bed and breakfasts, are strictly prohibited.
• Minimum lease term: Leases must have a minimum term of 12 consecutive months. Automatic extensions are allowed as long as lease terms do not change.
• Owner occupancy before renting: An owner must occupy the lot for 12 consecutive months after acquiring it before the lot can be rented.
• Lease documentation and reporting: Leases must be in writing. Upon written demand from the association, the owner must provide a copy of the lease and contact information for all occupants within a specified time (at least 18 years of age). The owner remains responsible for all obligations under the governing documents.
• Lease cap and waiting list: The document mentions a lease cap and a waiting list for leasing lots. Once the cap is reached, owners on the waiting list have 45 days to lease. (Specific cap number not stated in this excerpt.)
• Hardship exceptions: The Board may consider hardship-based exceptions to leasing requirements on a case-by-case basis with supporting documentation.
• What this document doesn't cover: This is a partial amendment; it does not address the full set of community rules such as assessments, architectural controls, parking policies, pet restrictions, or age restrictions (though Section 2.31 is referenced).

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.