is a Homeowners Association?
It is a not-for-profit corporation
in which the owners of lots are members. The Association is 'governed'
by a Board of Directors and was formed to handle the maintenance of the
common areas and to enforce the deed restrictions.
How does the Association work?
Ridgepointe Homeowners Association,
Inc. is administered by a Board of Directors appointed by the Homeowners.
The votes of the Association are controlled by the Homeowners. The
Board of Directors of Ridgepointe Homeowners Association, Inc. are self
managed, meaning there is no professional third party management firm to
provide services to the Association. The Board
of Directors prepare the annual budget, facilitate and supervise
service contracts (such as the landscape maintenance contract), collect
Association assessments (dues), follow up on delinquent assessments, organize
the annual meeting, maintain bank accounts and carry out business of the
Association. To Contact the
Association, call 214-888-1535 or Email
a Board Member.
Common Area Maintenance
The Association maintains the common
property areas for your benefit; starting with the negotiation of the contract
for landscape maintenance, then routinely monitoring the performance to
assure conformity in service and effect. At Ridgepointe "common area" includes
the brick wall along FM 423 Road and Ridgepointe Drive, as well as the
right-of-way landscaping and the entry median.
There are a number of restrictions
regarding what you may or may not do with your property, all of which are
intended to enhance the integrity of your neighborhood and assist in maintaining
your property value. For example, antennae and satellite dishes must be
screened from public view. Also, campers, vans, trucks, boats, boat trailers,
recreational vehicles and other types of non-passenger vehicles and equipment
must be kept in the garage or screened from view by a screening structure.
In order to maintain high aesthetic standards, no detached accessory building
may be erected, placed or constructed upon any lot without prior written
consent of the Association (see Architectural Modifications
Submission Form). A complete listing of the Use Restrictions
is included in the Declaration
of Covenants, Conditions and Restrictions (CCR's).
** Please read the CCR's carefully;
living in an Association has many
as well as responsibilities.
Since the Association is in effect
a quasi-governmental organization, there are costs associated with its
operation. For example, there are expenses for the landscape maintenance,
utilities, and postage. In addition, the Association is required to carry
various forms of insurance. These expenses are paid through the collection
of a regular assessment charged to each homeowner in the association.
Your assessment is in addition to and not a part of your mortgage
payment. These regular assessments are collected bi-annually
and are billed by the Treasurer of the Board of Directors. Late fees, finance charges and fines may be added to any unpaid assessment.
This is a yearly meeting of the members
at which a summary of the year's activities is given and annual reports
are distributed. Notices will be sent prior to the meeting to notify you
of the time and location of the meeting.