Fw Deavers North

What Fw Deavers North's governing documents say

This is a Property Owners' Association Management Certificate and Bylaws for FW Deavers North Owners Association, which governs the Deavers Addition residential subdivision in Tarrant County, Texas. The document outlines the HOA's corporate structure, board powers, and meeting procedures, but does not contain the actual use restrictions (e.g., pet limits, leasing rules, architectural standards) that would appear in the recorded Declaration of Covenants, Conditions and Restrictions. Homeowners, buyers, and renters should consult the full Declaration and any rules and regulations for complete requirements.

• Membership & Voting: Every owner of a lot automatically becomes a member. Each owner gets one vote per lot (Declarant gets 18 votes per lot during development). Voting may be in person, by proxy, absentee ballot, or electronic ballot. Members must be in good standing to vote on most matters, but the right to vote in director elections cannot be abridged.
• Board of Directors: The Board manages the Association. During the development period, Declarant selects all directors (minimum 3). After the development period, owners elect directors for staggered 2-year terms. Directors may be removed by a majority vote of members or by the Board for unexcused absences or assessment delinquency. Board meetings are open to members, with opportunities for public comment.
• Assessments & Finances: The Board sets annual assessments and may collect them in installments. The Association can levy fines after a due process hearing, enforce liens for unpaid assessments, and borrow up to 25% of budgeted gross expenses without member approval. Annual financial reports must be prepared and made available.
• Meetings & Quorum: Annual member meetings occur within 45 days after the fiscal year end. Special meetings can be called by the President or by petition of 25% of votes. Quorum is 10% of total votes; if not met, adjourned meetings have reduced quorum (7% then 5%). Board meetings require a majority of directors for quorum.
• What this document doesn't cover: This document does not include the actual deed restrictions or CC&Rs (e.g., allowable uses, pet limits, leasing minimums, architectural review, parking rules). Those are in a separate recorded Declaration and any adopted policies and guidelines. The Bylaws state the Board may adopt rules and fines, but specifics are not in this document.

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.