Stonebridge Ranch Estates

What Stonebridge Ranch Estates's governing documents say

Stonebridge Estates is a single-family home subdivision within the larger Stonebridge Ranch master-planned community in McKinney, TX. This Village Declaration establishes a sub-association (Stonebridge Ranch Estates Homeowners Association) that administers common properties and enforces rules for the lots in this village, supplementing the Master Declaration that applies to the entire Stonebridge Ranch community. Every lot owner automatically belongs to both the village association and the master association and is subject to assessments and rules from both.

• Governance & Membership: Each lot owner is a member of the Stonebridge Ranch Estates Homeowners Association with one vote per lot. The Declarant (developer) holds Class B membership with special voting and control rights until the Class B Control Period ends. The association manages common properties and enforces the Declaration.
• What you own & maintain: You own your individual lot (land and house) and are responsible for its maintenance, including structures, driveways, and landscaping. The association maintains the 'Area of Common Responsibility' (common properties such as open space, private streets, entrance features, and certain landscaping) funded by assessments.
• Assessments: The association levies Base Assessments for common expenses, which may include reserves. Special or specific assessments can be levied for unanticipated costs (e.g., insurance deductibles, condemnation shortfalls). Delinquent assessments can lead to suspension of voting rights and services, plus a lien on the lot.
• Use Restrictions & Rules: The association may adopt reasonable rules consistent with the Master Declaration, and may impose fines for violations. No specific restrictions on pets, leases, or parking are stated in this excerpt, but the rules must align with the Community-Wide Standard (the prevailing standard in Stonebridge Ranch).
• Insurance: The association must carry property insurance on common improvements, commercial general liability ($1M minimum per occurrence), workers comp, directors & officers liability, and fidelity coverage. Insurance costs are common expenses. Owners may need separate policies for their lot and personal property.
• Property Rights & Common Areas: Owners have a nonexclusive easement to use common properties, subject to rules and the association's right to grant permits or dedicate land. An owner who leases their unit delegates recreational facility use to the tenant.
• What this document doesn't cover: This excerpt is from a longer Declaration (likely hundreds of pages). It does not contain complete details on architectural controls, specific rental restrictions, pet limits, parking rules, or enforcement procedures. It also does not include the Master Declaration or By-Laws, which contain additional rules and rights.

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.