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FREQUENTLY ASKED QUESTIONS
What is a
Homeowners’ Association and what is its purpose?
Homeowners’ 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 through the
collection of assessments.
What is the Board of Directors and what do they do?
The Board is responsible for establishing and approving the annual
budget for the Association. In addition, the Board has the authority to
make reasonable rules and regulations for the operation and use of any
property owned by the Association. The current directors are three (3)
“Declarant” members. The Declarant is the owner of the real property.
Once the Association is transitioned from the “Declarant” to homeowners,
homeowners who are elected fill the Board seats to the Board through a
majority vote of homeowners who are Members of the Association.
How do I contact my Board of Directors?
For immediate response, please contact Susan Garrett with Lone Star
Association Management at 469-384-2088, extension 112 or sgarrett@lonestarmanagement.com
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 ensure the
preservation of the original architectural design. For example, must
keep fences in good repair...
You should have received a copy of the
Declaration of Covenants, Conditions and Restrictions from the title
company when you closed on your home. Extra copies may be downloaded
from the above link or obtained from Lone Star Association Management at
$25.00 each.
When does the Association hold meetings?
The Association Bylaws require that an annual meeting be held one (1)
time each year on a date and time set by the Board of Directors. The
Board may call a special meeting if needed with proper notification to
all homeowners.
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.
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. Click on the following link to obtain
an
Architectural Modification Request form,
or contact Susan Garrett at Lone Star Association Management.
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.
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.
If the ACC approves the 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 and based on the individual
characteristics and circumstances for each property. Always submit for
ACC approval before making changes to your property.
What does the ACC base its decision on?
The ACC bases its decision on:
a) Quality of Workmanship, materials and structural design;
b) 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 on other lots;
c) The other standards set forth within the Declaration.
What are the costs associated with the Homeowners Association?
$525 per year, paid in $262.50 semi-annual payments on January 1 and July 1. Checks should be made payable to Maxwell Creek North Homeowners Association, Inc. and sent to
Maxwell Creek North Homeowners Association, Inc.
2500 Legacy Drive, Ste. 220
Frisco, Texas 75034
HOA dues and billing increments are reviewed annually by the Board of Directors and are therefore subject to change with a thirty day notice to the homeowner.
What happens to my HomeOwner Association dues if I sell my home?
There is a $260 resale fee if you sell your home. This is to cover information required by the Title Company, such as the tax roll status report, file setup, HOA account report, property compliance report, etc.
Who do I contact regarding concerns in the community?
Contact your
Lone Star Association Management Team.
How do I reserve the Clubhouse?
In the event that you would like to reserve the clubhouse, please contact
Mendy Howard at 469-384-2088 extension 111. There is a $25 usage fee and a $200 deposit required. NOTE: The clubhouse is in high demand
requiring those who wish to use it to call well in advance - check on availability as soon as you have an event
you would like to schedule at the clubhouse.
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