The Forest of Friendswood Homeowners Association, Inc.

Key facts from The Forest of Friendswood Homeowners Association, Inc.'s documents

Community type

HOA (Community name and By-Laws)

Assessments & dues

Board adopts annual budget and establishes contributions for Common Expenses; may collect monthly in advance. (By-Laws Section 4.19(a)-(c))

Special assessments

Board may borrow for repairs without membership approval; for modifications/improvements over $10,000 requires membership approval like special assessments. (By-Laws Section 4.21)

Reserves & fees

Monthly installment delinquent on 15th day; during payment plan, no additional late fees. Amount not specified. (By-Laws Section 4.20(7) and Policy Regar)

Setbacks / home size

2250 sq ft for 90-foot wide lots; varies for wider lots. (Second Amendment to Declaration (2016) S)

Voting & meetings

Class A (Owners) 1 vote per lot; Class B (Developer) 15 votes per lot until conversion. Conversion upon Class A votes exceeding Class B, or 10 years after first lot conveyance, or July 1, 2008. (By-Laws Article III Section 3.02)

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