Fortune Springs HOA

What Fortune Springs HOA's governing documents say

Fortune Springs HOA is a planned townhome community in Prosper, TX. You own your lot and townhome, but the HOA maintains certain common areas and front yards. All exterior changes require prior architectural approval, and the HOA enforces rules on pets, parking, leasing, and occupancy.

• What you own & maintain: You own your townhome lot and all structural and exterior components. However, the HOA is responsible for front yard landscaping, surface water drainage systems, and other 'Areas of Common Responsibility' as shown on the plat.
• Architectural review: No exterior modification (construction, alteration, painting, etc.) is allowed without prior written approval from the Architectural Reviewer (Declarant during development, later an HOA committee). Verbal approval is not valid; plans and specs must be submitted.
• Pets: Domestic pets are allowed but must be kept inside the residence (not on patios or yards). On common areas, pets must be carried or leashed. Owners must clean up waste and are liable for any damage or disturbance caused by their pets.
• Parking & vehicles: Prohibited vehicles (without board approval) include motor homes, trailers, boats, inoperable vehicles, commercial trucks over one ton, and vehicles not customary passenger vehicles. Garages must be used to park two operable vehicles; garage doors must stay closed except when entering or exiting.
• Leasing: An owner may lease their residence, but every lease is subject to the governing documents and all legal requirements. The owner must provide tenants with copies of rules, and the HOA can enforce compliance, including eviction if the tenant violates rules.
• Occupancy: The default occupancy limit is one person per bedroom, subject to fair housing exceptions for familial status. No part of a lot (e.g., garage) may be used as a residence.
• Assessments: Regular assessments for townhomes are $100 per month, due on the 1st and late after the 10th. Special assessments may be levied, but annual increases over 25% require owner approval (unless an emergency one-time increase is allowed per year).
• Yards & landscaping: The HOA maintains front yards for townhome lots, including watering and landscaping. Owners may not remove landscape items or interfere with maintenance. Items like basketball goals require architectural approval and must be stored when not in use; sheds and accessory structures are not allowed.

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.