Preston Road North Estates

What Preston Road North Estates's governing documents say

This is the bylaws document for a single-family home HOA in Plano, TX. They govern the association's internal operations—meetings, elections, assessments, and enforcement—and bind all owners and residents. The actual use restrictions (e.g., architecture, pets, parking) are in a separate document called the '2018 Amended Restrictive Covenants.'

• Assessments & fees: Annual assessment initially set at $180 per lot, but can be increased up to 10% per year. Payments due within 60 days of invoice; late penalty up to $20/month. The HOA can file a lien for unpaid assessments, but cannot foreclose. Special assessments require majority owner vote.
• Voting & meetings: One vote per lot. Annual meeting in October; quorum requires 20 lots (1/3 of 60 lots). Owners may vote in person, by proxy, absentee ballot, or electronically. Special meetings can be called by the President, a Trustee, or owners representing 25% of lots.
• Board of Trustees: Three trustees elected annually by owners. Trustees must be owners or their spouses/representatives. Board manages association affairs; certain actions (e.g., suing an owner, buying/selling property, amending bylaws) require majority owner approval.
• Violations & enforcement: For a rule violation, the Board sends a notice; owner has 45 days to cure. Fines up to $50 per week for continuing violations. Owner can request a hearing within 45 days; hearing held within 30 days. Lien may be filed if violation persists beyond 60 days after notice.
• What this document doesn't cover: This document does not contain any use restrictions (e.g., architectural standards, pets, parking, leasing rules) or definitions of common areas. Those are in the separate '2018 Amended Restrictive Covenants.'

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.