Brookside

What Brookside's governing documents say

Brookside at Bear Creek is a planned community (single-family HOA) in Tarrant County, Texas. This document is a supplemental filing that attaches the association's Assessment Collection Policy — it is not the full set of community rules (the Declaration of Covenants, Conditions and Restrictions). This policy governs how the HOA collects unpaid assessments, late fees, interest, and enforcement actions, including lien foreclosure.

• Assessment due dates & delinquency: Regular annual assessments are due January 1 each year. Special assessments are due on the date stated in the notice or within 10 days after notice. Any unpaid amount after the due date is delinquent.
• Late fees & interest: A late charge up to $25.00 may be assessed for any delinquent assessment. Interest accrues at the lesser of 18% per annum or the highest non-usurious rate allowed by Texas law, from the due date until paid.
• Collection process & notice: The association sends a delinquency notice by certified mail at least 30 days before turning the account over to legal counsel. The notice must specify amounts owed, options to avoid escalation (including payment plans), and a cure period.
• Payment plans: The board has adopted a separate policy for payment plans, as required by Texas Property Code §209.0062. Owners may request an alternative payment schedule for delinquent amounts.
• Enforcement & foreclosure: If delinquency is not cured, the association may refer to legal counsel, record a lien, and pursue either expedited foreclosure (Rules 735/736) or judicial foreclosure. The association may bid on the lot at sale and seek a deficiency judgment. Lienholders must receive a 61-day notice before foreclosure.
• Application of payments: Payments are applied in this order: (1) delinquent assessments, (2) current assessments, (3) attorney’s fees/collection costs related to foreclosure, (4) other attorney’s fees, (5) fines, (6) any other amounts. If the owner is on a payment plan, the association may deviate from this order (except fines cannot be given priority over other amounts).
• What this document doesn't cover: This policy does not contain the community's full rules. It does not address pet restrictions, leasing, parking, architectural standards, age restrictions, or any other use restrictions. Those would be in the Declaration of Covenants, Conditions and Restrictions.

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.