Prestwyck

Key facts from Prestwyck's documents

Reflects the 2013 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Prestwyck Homeowners Association, Inc.

Developer / declarant

206 McKinney, LLC

Governing law

Texas Property Code (Section 8.4 (Section 209.005); Section 1)

Assessments & dues

Maximum annual assessment for 2012 is $480.00 per Lot (Section 10.3.1)

Special assessments

May be levied by Association for capital improvements upon 60% vote of Members (Section 10.5)

Collections & liens

Assessment lien on each Lot; subordinate to first mortgage; can be foreclosed nonjudicially under Texas Property Code with power of sale; Association may bid at foreclosure (Sections 10.1, 10.10, 10.12)

Reserves & fees

Association may charge reasonable fee for Resale Certificate and documents as required by Texas Property Code (Section 10.4)

Pets

Dogs, cats or other household pets for companionship (Section 2.5(d))

Parking & vehicles

Prohibited for recreational vehicles, trailers, campers, commercial vehicles, etc.; allowed temporarily for loading/unloading (24 hours), emergency repairs, construction/service/delivery vehicles (Section 2.5(b))

Fences

Must be masonry, brick, wood or other approved material; no chain link except on Common Properties or school property; max height 6 ft; cannot extend nearer to street than front of residence; corner lots: minimum 5 ft inside side lot line, (Section 2.7)

Architectural approval

All buildings, structures, exterior alterations, landscaping (subject to Article III) require written approval from Reviewer (Declarant or ACC) (Section 3.2)

Home business

Small home office, tutoring, or giving lessons such as art or music allowed if consistent with residential character, no nuisance, no material increase in street parking (Section 2.5(h))

Signs & flags

Political signs allowed 6 weeks prior to election, removed 2 weeks after; one for sale/rent sign up to 5 sq ft; one security sign up to 1 sq ft; builder signs during construction (Section 2.5(k))

Setbacks / home size

Not less than 1,500 sq ft for 50-ft wide lot; not less than 1,800 sq ft for 60-ft wide lot (Section 2.6)

Maintenance

Owner maintains Lot, exterior of buildings, fences, etc.; Association may maintain Common Properties and has easement to maintain perimeter fences, walls, and landscaping on Lots adjacent to thoroughfares or Common Properties (Sections 5.2, 4.1, 4.3)

Use restrictions

Property shall be used for single-family residential purposes and home office only (Section 2.1)

Voting & meetings

Class A Members: 1 vote per Lot; Class B Member (Declarant): 3 votes per Lot until control vests in Class A, then 1 vote per Lot. Each Lot entitled to one vote for matters requiring Owner action. (Section 8.2; Section 1(n))

Amendments

Declarant may amend within 5 years of recording without consent; thereafter requires 67% vote of Members, with Declarant consent if still owns a Lot; Declarant/Board may amend to comply with law or correct errors without vote if no material (Section 7.1)

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