The Estates at Greenspoint Residential Association, Inc.

What The Estates at Greenspoint Residential Association, Inc.'s governing documents say

The Estates at Greenspoint is a single-family home HOA in Prosper, TX — you own your lot and house, and the association maintains private streets, common areas, and a security gate, funded by assessments on every improved lot. The rules cover what you can do with your property, including architectural approvals, rentals, pets, parking, and signs.

• What you own & maintain: You own your lot and house; the association maintains the private streets, common areas, and security gate. You must keep your lot (shrubs, grass, trees) and all improvements in good repair. The association may enter your lot after 24 hours' notice (or immediately in an emergency) to enforce rules or do maintenance, and charge you for it.
• Approvals needed: An Architectural Committee of 5 voting members must approve all new construction, exterior alterations (including fences, sheds, pools, and changes to appearance), and even temporary structures. Submit plans; if no response within 45 days, approval is deemed granted. The committee can also grant variances.
• Leasing & rentals: The board is specifically authorized to adopt rules regulating or limiting rentals of lots. No minimum lease term or number restrictions appear in this excerpt, but the board can impose such rules.
• Pets: Up to 5 dogs and cats in total (no more than 5 dogs) are allowed per household. No dangerous dogs, no kennels or breeding, no animals other than domestic household pets. Pets must be leashed off your lot and kept in clean, screened enclosures.
• Parking & vehicles: No commercial vehicles larger than a 3/4-ton pickup or standard passenger van may be parked on your lot or on roads. Inoperable vehicles, racing vehicles, and those without current tags must not be visible. Boats, campers, motorcycles, sports equipment, and garden equipment must be stored in enclosed structures or screened when not in use. No repair work except minor emergency repairs outside a garage.
• Signs: No signs visible from public view without committee approval, except: one 'for sale/rent' sign up to 5 sq ft, and one political sign (ground-mounted, up to 4x6 feet) per candidate or ballot item.
• Assessments & fees: Annual assessments are levied on all improved lots, uniform per lot. The board sets the amount, but it cannot increase more than 5% per year without a 2/3 member vote. Special assessments need a 51% member vote (quorum 50%, second meeting quorum 25%). Unpaid assessments accrue 10% annual interest plus collection costs, and become a lien on the lot (subordinate only to tax liens and first/second mortgages).

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.