Lake Ridge Commons Townhome Association, Inc.
Homeowners association — you own your lot and home; the association maintains common areas and enforces covenants.
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What Lake Ridge Commons Townhome Association, Inc.'s governing documents say
Lake Ridge Commons is a townhome community in Plano, TX, governed by a homeowners association (HOA). This document is a set of amended policies for fines and assessment collection, not the full rulebook. It explains how the HOA enforces rules and collects fees, which is relevant to current and prospective owners.
- Fine & enforcement policy: The HOA can fine owners for violations, with fines set case-by-case or per a schedule. First violations get a notice and 30 days to cure; repeat or uncurable violations can be fined immediately. Fines range from $25 to $100 per notice, and the HOA may charge daily/monthly fines for continuous violations.
- Assessment collection: Assessments are due annually or as set by the board. Late fees are $25, plus interest up to 1.5% per month. The HOA can send delinquency notices, charge collection fees, report to credit bureaus, suspend amenity use, and foreclose on liens (but not for fines alone). Payment plans are available for 3-18 months, with a $50 setup fee.
- Transfer fees: When a property is sold, the buyer pays a $500 working capital assessment (or $250 for homebuilders), a $304 transfer fee, and a $375 resale certificate fee.
- What this document doesn't cover: This is only a supplement to the Community Manual, not the full set of rules. It does not include the Declaration, Bylaws, or other restrictions like pet rules, leasing, or architectural guidelines. Those are recorded separately.
Key facts from Lake Ridge Commons Townhome Association, Inc.'s documents
- Legal name
- Lake Ridge Commons Townhome Association, Inc. (Section 2, First Amended Management Cert)
- Developer / declarant
- GRBK EDGEWOOD LLC, a Texas limited liability company (Declarant Removal and Appointment, page )
- Reserves & fees
- $304.00 (Section 8, First Amended Management Cert)
Management & contact for Lake Ridge Commons Townhome Association, Inc.
- Management company
- Paragon Property Management Group (source)
- Phone
- 469-969-7367 (source)
About this HOA
Lake Ridge Commons Townhome Association, Inc. is a homeowners association in Plano, TX. Mailing address: 2805 North Dallas Parkway, Plano, TX 75093.
HOAproxy has 3 documents on file for Lake Ridge Commons Townhome Association, Inc.: 3 recorded documents. Last updated 2026-06-08.