Villages of Eldorado II Owners

What Villages of Eldorado II Owners's governing documents say

This is a partial set of policies for Villages of Eldorado II, a standard single-family homeowners association (HOA) in McKinney, TX. The documents include an assessment collection policy and a governing documents enforcement & fine policy. They do not contain the full Declaration of Covenants, Conditions, and Restrictions, so this is not a complete rulebook. These policies primarily affect property owners (homeowners) and describe how the association collects assessments and enforces violations.

• Assessment due dates & delinquency: Assessments are due on a date set by the Board; failure to pay by that date makes them delinquent. The Board sends a First Notice of Delinquency by mail or email, then a Second Notice, and may eventually turn the account over to an attorney or foreclose on the property under Texas Property Code.
• Payment plans for delinquent assessments: An owner may request a payment plan for delinquent assessments. Plans run 3 to 6 months, require a 25% down payment, and equal monthly payments. A monthly administrative charge may be added. Defaulting on a plan may disqualify the owner from future plans for two years.
• Violation types & enforcement process: Violations are classified as curable (e.g., parking, maintenance, noise) or uncurable (e.g., threat to health/safety, garage sales). The enforcement process includes optional courtesy letters, violation letters, and a demand letter sent by certified mail. Owners may request a hearing within 30 days of the demand letter.
• Fine schedule: Fines vary by violation type and number of occurrences. For example, a first fine letter for a curable violation may be $150, subsequent letters up to $1,500 every 30 days. Uncurable violations or threats to health/safety trigger a $1,500 fine. The Board may modify the schedule at any time.
• Hearing procedures: If a hearing is requested, it must be held within 30 days. Both parties may request one postponement of up to 10 days. The Association provides an evidence packet 10 days before. The Board may take the matter under advisement and must notify the owner in writing within 30 days of the hearing.
• Subsequent violations: If an owner has received notice for the same or similar violation within the preceding 6 months, the Association may impose fines or suspend common area use without sending another demand letter.
• What this document doesn't cover: This document does not contain the full HOA declaration, bylaws, use restrictions (e.g., pet limits, leasing rules, architectural guidelines), or specific assessment amounts. It only covers assessment collection procedures and enforcement/fine policies.

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.