Applewood Residential Community, Inc.

Key facts from Applewood Residential Community, Inc.'s documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (nonprofit corporation for single-family residential lots) (Certificate of Formation, Article IV; De)

Units / lots

Maximum Number of Lots is 900 (may be increased/decreased by Declarant during Development Period) (Declaration, Article 1 definition of 'Ma)

Developer / declarant

FORESTAR (USA) REAL ESTATE GROUP INC., a Delaware corporation (Declaration, Recitals)

Governing law

Texas Business Organizations Code (for nonprofit corporation) (Certificate of Formation, preamble and A)

Assessments & dues

Regular Assessments established by Board annually; may not exceed budget without member vote; special assessments with member vote (67%?) or Board under certain conditions (Declaration, Sections 6.3, 6.5; details )

Special assessments

Permitted; requires approval of Owners holding at least 67% of total votes (unless emergency or as otherwise provided) (Declaration, Section 6.5)

Collections & liens

Assessments are a lien on each Lot; may be foreclosed similarly to a mortgage (Declaration, Section 6.10)

Reserves & fees

Not explicitly mentioned; Maintenance Fund (Section 6.2) but nature not detailed (Declaration, Section 6.2)

Pets

Yes, domestic household pets only (no exotic animals, pigs, poultry, etc.) (Declaration, Section 2.9)

Leasing & rentals

Leasing of a residence is not considered a business and is permitted; no restriction on duration stated (Declaration, Section 2.3 (leasing not bu)

Parking & vehicles

Commercial Vehicles with writing allowed temporarily during business hours; not overnight without Board consent. Owner/Declarant commercial vehicles permitted without consent. (Declaration, Section 2.22)

Fences

Party wall fences: reciprocal easement for maintenance; shared costs; need ACC approval. Fences likely require ACC approval (see Section 3.3). (Declaration, Sections 2.28, 3.3)

Architectural approval

Yes, for construction, placement, modification, etc. of Improvements; ACC initially Declarant; ACC approval required for many items (fences, sheds, etc.) (Declaration, Article 7; various sections)

Home business

Allowed if: no customers/employees at residence, no sign, no undue traffic, consistent with residential character; leasing not considered business (Declaration, Section 2.3)

Signs & flags

Permitted flags: U.S., Texas, armed forces, college insignia; flagpole max 5 ft on residence; freestanding flagpole up to 20 ft requires ACC approval; only two flags per residence; display must comply with federal/state laws. (Declaration, Sections 2.17, 2.18)

Setbacks / home size

Compliance with recorded setbacks and easements required; no specific dimensions given. (Declaration, Section 3.9)

Maintenance

Owners maintain Lot and improvements; Association may designate certain maintenance to be done by Association at Owner's expense (Section 2.12). (Declaration, Section 2.11, 2.12)

Insurance

Not explicitly required by these documents. (N/A)

Use restrictions

Lots used solely for private single-family residential purposes; limited home businesses allowed per conditions (Declaration, Section 2.3)

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