Lakewood Pines Homeowners Association, Inc.

What Lakewood Pines Homeowners Association, Inc.'s governing documents say

This is a collection of corporate governance records for the Lakewood Pines Homeowners Association, a single-family HOA in Houston, Texas. These documents set up the HOA's internal structure (board, officers, meetings) and spell out one-time fees called Working Capital Assessments payable at lot conveyance. They bind homeowners and are most relevant for current owners or buyers preparing for the transfer of a lot.

• Document type & what it covers: These are the HOA's Certificate of Formation, Bylaws, and several recorded Working Capital Assessment adoptions. They establish the Association as a Texas nonprofit, define board and member meeting procedures, voting rules, and officer duties. They also set one-time Working Capital Assessments of $1,065 for lots in Sections 3, 5, and 6, and $732 for all other lots, payable upon lot conveyance.
• Who the rules bind: The Bylaws and assessments bind all lot owners (members) in Lakewood Pines. During the Development Period, the developer (KB Home Lone Star Inc.) retains significant control, including the right to appoint and remove most directors and to set working capital assessment amounts.
• Board structure & developer control: The initial board has 3 directors appointed by the developer. A first member-elected director is required no later than the 10th anniversary of the Declaration, but the developer continues to appoint two-thirds of the board until the Development Period ends. After that, owners elect a full board with staggered terms.
• Member meetings & voting: Annual and special member meetings are held. A quorum is 20% of total votes; regular actions need a majority of votes present. Proxies, absentee ballots, and electronic ballots are allowed, with detailed rules on validity and tabulation.
• Working capital assessments: A one-time Working Capital Assessment of $1,065 is due for lots in Sections 3, 5, and 6, and $732 for all other lots, payable at conveyance. The amount may change by the Declarant during the Development Period or by the Board afterward.
• What this document doesn't cover: These records are corporate governance and assessment notices only. They do not contain the full community rules or restrictions, such as architectural guidelines, pet limits, leasing rules, parking policy, or amenity use. Those would be in the separate Declaration of Covenants, Conditions, and Restrictions and the Community Manual.

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.