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What is a homeowner's association and what is
its purpose?
Homeowner's
associations are non-profit corporations that exist to help
preserve property values through architectural controls,
design guidelines and deed restrictions. Additionally,
associations provide for the maintenance of common areas and
community facilities. |
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Who is the Board of Directors?
Like most
Homeowner's Associations in the development stage, the
developer or "declarant" fills the board of directors.
The developer owns the largest number of lots and resultantly
holds the largest number of votes. The developer also
has the largest investment in the development and the most to
gain by the success of the development and association.
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How do I contact my Board of
Directors?
Please
address all correspondence in writing to:
The Preserve
at Pecan Creek HOA, Inc.
Attn: Board
of Directors
2500 Legacy Dr, Suite 220
Frisco, TX 75034
For immediate
response, please contact Pam Avlos at pavlos@lonestarmanagement.com. |
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What are deed restrictions and do I
have to abide by them?
Deed
restrictions, also called "protective covenants," are rules
that govern the association and its members. The deed
restrictions and architectural controls set forth in the
Declaration of Covenants, Conditions and Restrictions and
Design Guidelines ensure the preservation of the original
architectural design.
You received
a copy of the Declaration of Covenants, Conditions
and Restrictions for The Preserve at Pecan Creek
from the title company when you closed on your
home. To purchase an additional copy, please contact Lone Star Association
Management at 469-384-2088. |
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Dues for The
Preserve at Pecan Creek Homeowner's Association
are currently $420 a year. Assessments
are due on January 1. If you have missed
a payment, a late fee may be charge to your
account. Please contact your Account Manager at Lone Star Management at 469-384-2088 to make a
payment arrangement or with any additional questions. |
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Can my dues be
increased?
Dues may be
increased by 10 percent of the preceding year's assessments by
the board of directors. Any increase more than 10
percent must be approved by two-thirds of the Members.
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The
following is a list of association expenses:
- Landscaping of the common areas including: seasonal
flowers, mowing, edging, fertilizing, pruning, trash
pick-up, irrigation maintenance and repairs
- Common
area lighting, electricity and water
- Directors'
and officers' insurance
- Liability
insurance (liability insurance for common areas)
- Annual
audits and tax preparation
- Professional management fees
- Quarterly
financial reports
- Administrative costs such as postage, copies,
envelopes, etc.
- Seasonal
decorations
- Social
activities
- Newsletters / Website
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When does the association hold
meetings?
The
association's bylaws require that annual meetings be held at a
date set by the Board of Directors.
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What is the Architectural Control Committee
(ACC)?
The
Architectural Control Committee reviews applications for
exterior improvements to the home or lot. The ACC is
established and defined in the Declaration of Covenants,
Conditions, and Restrictions for the association. The spirit
behind the ACC is to uphold the aesthetic quality of the
neighborhood and to protect the value of your home by
maintaining the standards set forth in the Declaration.
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Do I need approval to make exterior
improvements to my property?
Yes. Any
alterations or additions to the exterior of your property must
be approved in writing by the ACC.
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What if I make changes to my
property without ACC approval?
Everyone
must seek ACC approval in writing before making external
changes to their property. If you make changes without
ACC approval, your investment could be at risk.
Additionally, if your modifications are outside the guidelines
of the ACC, you may be required to remove or reverse your
improvement. |
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If I get a building permit from the
city, do I still need ACC approval?
Yes.
Approval from the city does not constitute approval from the
ACC. The committee still requires that your plans be submitted
in writing for review.
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If the ACC approves a
modification for my neighbor, can I assume that the same
modification will be approved for me?
No.
Each property and project is different. Applications are
reviewed based on the individual characteristics and
circumstances for each property. Always get ACC approval
before making changes to your
property. |
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What does the ACC base its decisions
on?
According to
the Declaration, the ACC bases its decision on:
- The other
standards set forth within the Declaration and Design
Guidelines.
- The
conformity and harmony of the external design, color, type
and appearance of exterior surfaces and landscaping in
relation to the various parts of the proposed improvements
and in relation to improvements on other
lots.
- Quality of
workmanship, materials, and structural design.
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