Preston Club Homeowners Association

What Preston Club Homeowners Association's governing documents say

This is the Master Articles of Incorporation for the Preston Club Master Homeowners Association, Inc., a non-profit corporation that oversees the Preston Club development in Grayson County, Texas. It is a foundational corporate document, not a full rulebook; the actual owner obligations and restrictions are in the Master Declaration and Bylaws. This document primarily defines the association's purpose, membership, voting, and governance.

• What the association exists to do: The association promotes the safety, welfare, and enjoyment of residents and owners; collects assessments; maintains common areas and facilities; and approves or disapproves exterior alterations to buildings, fences, and structures.
• Who belongs: Every record owner (or installment contract purchaser) of a condominium lot or parcel subject to the Master Declaration is automatically a member. Membership is tied to ownership and cannot be transferred separately.
• Voting rights: Voting rights and dues liabilities are set out in the Master Bylaws, not in this document. Amendment of the Articles requires board approval plus specified member votes, unless the Master Declaration or Bylaws require a higher threshold.
• Board of directors: The association is managed by a Board of Directors, whose members need not be homeowners. The number of directors is stated in the Bylaws.
• What this document doesn't cover: This document does not include the actual community rules — such as pet limits, lease terms, assessment amounts, or architectural standards. Those appear in the Master Declaration, Bylaws, and separate rules.

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.