Wooded Creek Villas

What Wooded Creek Villas's governing documents say

Wooded Creek Villas is a standard single-family homeowners association (HOA) in Collin County, Texas. The governing document is the Declaration of Covenants, Conditions and Restrictions that binds all owners and residents to a uniform set of rules, assessments, and maintenance responsibilities. This summary covers the key rules for homeowners, buyers, and tenants.

• What you own & maintain: You own your lot and the home on it. The association maintains common areas, amenities (pool, landscaping, fencing), and certain exterior elements listed in the Maintenance Responsibility Chart. You are responsible for all other maintenance, repairs, and replacement of your home and lot, and must keep everything in good, attractive condition.
• Assessments & fees: Annual regular assessments are set by the board and cannot increase more than 10% per year. As of the document, monthly assessments are $210 for standard lots and $245 for lots in the Special Services Area. You also pay a one-time Working Capital Fee of two months' regular assessment upon purchase, plus potential transfer fees, special assessments, and late fees.
• Leasing & rentals: There is no minimum lease term stated in this excerpt, but the association can adopt rules governing rentals. Owners must provide tenant information to the association, and tenants must comply with all governing documents.
• Architectural review: An Architectural Control Committee (ACC) must approve all exterior changes to your property, including paint colors, landscaping, and any new structures. Submit plans before starting work.
• Use restrictions & compliance: Violations can result in fines (per day if continuing), suspension of common area use, and the association's right to enter and correct issues at your expense. You are responsible for the actions of your residents, guests, and contractors.
• Lien & foreclosure risk: If you fail to pay assessments or fines, the association can place a lien on your home and foreclose—you could lose your property. The lien is superior to most other liens except property taxes and first mortgages.
• Special Services Area: Some lots are designated as Special Services Area and receive additional maintenance (like landscaping or snow removal) from the association in exchange for a higher monthly assessment ($245 vs. $210). The association has an easement to access these lots for maintenance.
• What this document doesn't cover: This excerpt does not specify pet rules, parking restrictions, age restrictions, or rental caps. Those may be addressed in later parts of the declaration or in separate rules adopted by the board.

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.