Amberwood Farms

What Amberwood Farms's governing documents say

Amberwood Farms is a single-family home community in Prosper, TX, governed by a homeowners association (Amberwood Farms Homeowners Association, Inc.). All lot owners are members and must pay assessments to support common areas and services. The declaration sets rules for use, maintenance, and architectural control to preserve property values.

• Membership & voting: Every lot owner is a member. Each lot has one vote. To be a member in good standing (eligible to vote), all assessments and obligations must be paid at least 10 days before voting. The association has two classes: Class A (all owners except Declarant) and Class B (Declarant only, which ends when Declarant no longer owns a lot). Quorum for most actions is 30% of votes; special actions require 60%.
• Assessments & fees: Regular assessments are set annually by the board, with a maximum of $400 per lot per year. The board may increase this by up to 25% per year without member vote; further increases require approval by 60% of members in good standing. Assessments are due within 30 days of invoice; late payments incur a late charge and interest at 15% per annum, plus collection costs including attorney fees. A $25 fee applies to returned checks.
• What you own & maintain: You own your lot and the single-family residence on it. The association owns and maintains common properties (greenbelts, entry areas, landscaping, drainage, etc.). The association has an easement to enter lots for maintenance of common elements. Owners are responsible for exterior maintenance of their homes per standards, including landscaping and structural repairs.
• Use restrictions: Lots are for residential use only. The document covers restrictions on building materials, fences, signs, vehicles, temporary structures, antennas, and hunting prohibitions. Specific rules on pets, garbage, weeds, and construction completion are referenced but full details are not included in this excerpt.
• Architectural review: An Architectural Control Committee (ACC) reviews and approves all exterior plans, modifications, and improvements. Owners must submit plans to the ACC before starting any work. The ACC has the authority to inspect and enforce compliance.
• Enforcement & liens: The association can impose violation fines and has a contractual assessment lien on each lot for unpaid assessments, late fees, and fines. The lien may be foreclosed judicially or non-judicially. The association may also sue owners personally for unpaid amounts.

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.