Saddle Brook Property Owners
Homeowners association — you own your lot and home; the association maintains common areas and enforces covenants.
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What Saddle Brook Property Owners's governing documents say
This is the Declaration of Covenants and Bylaws for Saddle Brook Property Owners Association, a homeowners association (HOA) for a residential subdivision in Southmayd, TX. It sets out the governance structure, membership voting, and specific fees that bind all property owners in this community.
- Annual assessment: Each lot pays a regular annual assessment of $400.00, due January 1 of each year, and the Board may adjust this amount as needed.
- Transfer fee: A $100.00 transfer fee is paid by both the seller and buyer at closing for any lot sale, used for the association's benefit.
- Membership & voting: Every owner of a lot is a member. Class A members (all owners except the developer) get one vote per lot; the developer holds Class B membership with 10 votes per lot until the developer's voting power is reduced.
- Board of directors: The association is governed by a board of 3 to 5 directors, elected by members to serve terms up to three years, with no compensation but possible expense reimbursement.
- Meetings & quorum: Annual members' meetings are held on the first Monday of the year (or another date set by the Board), with notice given 5–30 days in advance; a majority of voting members constitutes a quorum.
- Management & finance: The Board may employ a managing agent (the developer or affiliate may serve in that role) and must provide annual financial reports including income statement, balance sheet, and delinquency report.
- What this document doesn't cover: This excerpt focuses on governance and fees only; it does not include use restrictions, architectural review, pet policies, leasing rules, or other typical HOA covenants that may appear in the full Declaration.
Key facts from Saddle Brook Property Owners's documents
- Community type
- Covenant / Planned Community
- Legal name
- Saddle Brook Property Owners Association, Inc.
- Assessments & dues
- $400.00 per year (Page 3, Assessments, section a)
- Special assessments
- Special assessments may be levied against every Lot, every Owner and seller (other than the Declarant) as a condition to sale of a Lot, in an amount determined by the Board. (Page 4, Assessments, section b)
- Reserves & fees
- $100.00, paid by each seller and purchaser at closing, for the sole benefit of the Property Owners Association. (Page 4, Transfer Fee)
- Voting & meetings
- A majority of the Voting Members constitutes a quorum. If a quorum is not present, a majority of the Voting Members present may adjourn the meeting. At the reconvened meeting, a majority of the Voting Members present constitutes a quorum, u (Page 3, Quorum)
About this HOA
Saddle Brook Property Owners is a homeowners association in Southmayd, TX.
HOAproxy has 1 document on file for Saddle Brook Property Owners: 1 recorded document. Last updated 2026-06-20.