Princeton Creekview Homeowners Association, Inc.

What Princeton Creekview Homeowners Association, Inc.'s governing documents say

Princeton Creekview Homeowners Association, Inc. governs a standard single-family subdivision in McKinney, TX. All lot owners are automatically members and subject to the covenants, conditions, and restrictions (CC&Rs) enforced by the association. The documents provided are a partial amendment to the CC&Rs (focusing on builder assessment exemptions) and the association's bylaws (which define corporate governance rules). These documents do not contain typical use restrictions such as pet limits, rental rules, or architectural standards.

• Builder/Declarant Assessment Exemption: Builders who acquire lots to construct and sell houses (not for their own residence) are exempt from assessments during the first 12 months of ownership. After that, they may pay either full assessments or a pro rata share of any common shortfalls.
• Association Governance & Meetings: The association holds annual meetings; special meetings can be called by the board or by petition of at least 1/4 of voting members. Quorum is 1/10 of votes of each class. Voting may be in person or by proxy.
• Board of Directors Structure: The board consists of 5 directors initially (later elected by members), serving staggered 2-year terms. Directors may be removed with or without cause by a majority vote of members present at a quorate meeting.
• Assessments & Liens: Each member must pay annual and special assessments as provided in the Declaration. Assessments are secured by a continuing lien on the lot. The board may enforce violations by injunction or legal action.
• Books & Records Access: Members may inspect the association's books, records, and governing documents at the principal office upon reasonable notice and at their own cost.
• What this document doesn't cover: This document does not include rules on leasing, pets, parking, architectural controls, age restrictions, or other typical homeowner use restrictions. Those would be in the original Declaration of Covenants, Conditions, and Restrictions, which is not provided here.

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.