Fairview Lake Waterton Homeowners Association

Key facts from Fairview Lake Waterton Homeowners Association's documents

Reflects the 1996 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (HOA) – single-family detached residential community (WHEREAS: 'residential community of singl)

Legal name

Fairview/Waterton Homeowner's Association, Inc. (Section 1b - 'Association' definition)

Developer / declarant

TDC 100 Partnership, L.P. (Opening recital 'Declarant' and Section )

Assessments & dues

Board prepares budget and sets annual assessment; may be paid in installments; assessment becomes effective unless disapproved by majority vote of members (Sections 4f and 4g)

Collections & liens

All assessments are a continuing lien on the Lot; priority over other liens except for ad valorem taxes, first priority mortgage, or Declarant mortgage; Association may foreclose after 30 days delinquency; Association may bid at sale and ac (Sections 4i, 4j, 4k)

Reserves & fees

Set by Board; interest up to 18% per annum; delinquent after 10 days accrues late charge; after 30 days lien attaches (Sections 4c and 4k)

Pets

Dogs, cats, or other usual and common household pets in reasonable number (as determined by Board) allowed; no commercial purpose; no animals, livestock, or poultry (Section 6xiii)

Leasing & rentals

Yes; residential purposes only (Section 6xi (Leasing))

Parking & vehicles

Vehicles must park in designated parking areas; garage doors must be closed except during ingress/egress; single-family homes must have a garage; no carports permitted (Section 6x (Vehicles subsection))

Architectural approval

Yes, for any exterior construction, alteration, addition, or erection; plans must be submitted in writing to Architectural Review Committee (ARC) established by Board (Section 6c)

Home business

Business activity prohibited without written Board approval; leasing a Lot is not considered business; Declarant may operate sales/construction office (Section 6b)

Signs & flags

Not specifically mentioned, but 'flags' are included as items requiring ARC approval under Section 6c xxvii (Section 6c xxvii (Exterior sculpture, fo)

Use restrictions

All Lots shall be used for residential purposes exclusively; business only with Board approval (Section 6b)

Amendments

Declaration may be amended by recording a supplementary declaration; Declarant may unilaterally amend for annexed property as long as existing Owners' rights not adversely affected (Section 9a ii). Board may amend Section 10 (Mortgagee Prov (Sections 6a, 9a ii, 10f)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.