Parker, TX HOA Rules: Assessment & Dues (2026)

060(A)(2) of the Parker Code of Ordinances sets the minimum financial powers every subdivision homeowners association must have before the city will approve a final plat. Subsection (d) requires the governing documents to include covenants for maintenance assessments which run with the land, meaning the assessment obligation binds future owners along with the property, not just the original signer. Subsection (f) goes further, requiring the documents to give the association authority to secure funds from its members sufficient to meet its responsibilities, explicitly including the ability to collect dues, to increase dues, to charge special assessments, and to place liens against a property for failing to pay dues and assessments.

060(D) backstops that ongoing assessment authority with a one-time developer obligation: before the developer transfers control of the association to the lot owners, it must fund a maintenance reserve equal to two months' dues calculated on full association membership, giving the association working capital before it starts billing owners directly. 060(E) requires the developer, at that same transfer, to hand over control of utilities tied to the common property and amenities and to disclose the total cost to date of operating and maintaining them, so the incoming board knows what its assessments actually need to cover. 060(A)(1) before the plat can be approved.