Hsb Homeowners Association, Inc

What Hsb Homeowners Association, Inc's governing documents say

This is a partial set of governing documents for HSB Homeowners Association, Inc., a single-family HOA in the Horseshoe Bend subdivision in Tarrant County, Texas. The documents include a 2008 amendment to the HOA's declaration and a 2021 collection policy. They are ancillary documents, not the full rulebook, so they cover only specific rules about mineral rights and how the HOA collects unpaid assessments.

• Mineral rights & drilling: Surface oil, gas, and mineral operations are prohibited, but slant or directional drilling is allowed if conducted at least 200 feet below the surface.
• Assessments & due dates: Assessments are due by the 10th day of the month (or another date set by the Declaration or Board), and become delinquent 10 days after the due date.
• Late fees & interest: Unpaid assessments accrue interest from the due date, and late charges apply even if only part of the assessment is unpaid.
• Collection process: The HOA may send delinquent notices, refer accounts to a collection agent or attorney, file lawsuits, and foreclose on a lot to collect unpaid assessments. Owners are responsible for all collection costs, including attorney fees and administrative charges.
• Payment plans & partial payments: Owners may be offered a payment plan per Texas law and the HOA's Payment Plan Policy, but partial payments do not waive the remaining balance.
• Dishonored checks: A $25 fee is charged for dishonored checks, plus any bank fees, and the owner must pay the full amount due within 10 days of a notice.
• Owner's mailing address: Owners must provide and update their mailing address with the HOA; notices are sent to the address on file, and the HOA may search for a current address if mail is returned.
• What this document doesn't cover: These are only amendments and a collection policy, not the full declaration. They do not cover general rules like architectural review, pets, leasing, or other typical HOA restrictions.

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.