Eagles Nest Property Owners Association

What Eagles Nest Property Owners Association's governing documents say

This is a set of ancillary documents for Eagles Nest at WestRidge, a planned single-family home community in McKinney, Texas, governed by a master declaration and an owners association. The documents are not the full rulebook; they are amendments and a collection policy that modify or clarify specific aspects of the community's governance.

• What this document doesn't cover: These are not the full CC&Rs. They are annexation amendments, an assessment amendment, and an assessment collection policy. They do not contain the community's general rules on pets, rentals, architectural review, or other typical HOA restrictions.
• Annexation of new phases: The annexation amendment adds the Amenity Center, Phase 1C&3, and Phase 2 to the community, making them subject to the existing declaration. This means those areas are now part of the HOA.
• Assessments for builders and owners: An amendment clarifies that owners who are building homes for sale (bona fide builders) pay the full annual maintenance assessment, while Class B members (typically the developer) pay only 25% of the annual assessment.
• Assessment due dates and delinquency: Regular assessments are due in two installments: January 1 and March 31. If not paid by the due date, the amount becomes delinquent and accrues interest and late fees.
• Late fees and interest: If an assessment is unpaid 30 days after the delinquency date, a late charge of up to $100 may be added, and interest accrues at the maximum legal rate or 18% per year, whichever is less, from the original due date.
• Collection process and remedies: The association will send a delinquency notice and offer a 30-day cure period. If unpaid, it may refer the account to legal counsel, file a lien, foreclose (expedited or judicial), sue for a money judgment, suspend privileges, and report to credit bureaus.
• Payment plans and lockbox rules: The association has a policy for alternative payment plans for delinquent owners. Payments sent to a lockbox are applied without regard to any accompanying communication, and disputes or conditional payments are not binding on the association.

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.