LAKEVILLE COMMUNITY ASSOCIATION. INC.
COMPREHENSIVE LEASING POLICY
Effective Date: February 1, 2017

Lakeville Community Association, Inc. (“Association”) hereby implements the following
Comprehensive Leasing Policy (“Policy”) to govern all lease agreements of residences, including
any lease renewals (hereinafter referred to as “Lease(s)”), within the Lakeville subdivision
(“Subdivision”):

    1. All Leases for residences within the Subdivision must be:

       a. in writing;
       b. six (6) month temr or longer; and
       c. subject to all dedicatory instruments of the Lakeville Community Association, Inc.,
          including but not limited to, the Declaration of Covenants, Conditions, and
          Restrictions (“Declaration”), By-Laws, and all other rules and regulations
          promulgated by the Board of Directors.

    2. All Leases must renttlre entire residence; no partial rentals of homes are permitted. Owners
        are forbidden from using any service, whether in print, broadcast, hosted website, or
        otherwise, that advertises the partial rental (including AianB, VRBO and others). Owners
        are also forbidden from posting signs advertising the rental at the residence or anywhere
        else in the Subdivision. This restriction on partial rentals controls regardless of the
        nomenclature used to describe such arrangements, including any service provider’s attempt
        to characterize the arrangement as “host and guest” or similar language. The Association
        considers such arrangements purely commercial in nature that constitute an impermissible
        use of the residence and a violation of the single-family requirement found in the
        Declaration.

       3. No transient or hotel Leases are permitted. “Transient or hotel leasing” means leasing of
          a residence for singular and/or blocks of days less than the minimum term set forth herein,
          including weekend rentals, bed-and-breakfast accommodations, or other arrangements
          whereby the occupants of the residence are provided customary hotel services and/or
          temporary occupancy of the residence.

    4. For all Leases executed upon or afier the Effective Date of this Policy, within thirty (30)
       days following lease execution, the Owner of the residence shall report to the Association
       the following information regarding the Lease:

       a. Name(s) of all tenant(s) including any minor children occupying the residence;

       b. Emergency contact phone number for tenant(s);

       c. Term/duration of Lease;
       
    In lieu of producing the above information, the Owner can also submit a copy of the
    executed lease to the Association. For any multi-year Lease, the Owner shall notify the
    Association on an annual basis of any changes to the above information, unless the Owner
    voluntarily provides a copy of the Lease to the Association to be included in Owner’s file
    (although nothing herein requires the Owner to provide a copy of the Lease).

    All information obtained by the Association pursuant to this Policy will be added to the
    Owner’s file and remain confidential, pursuant to record retention and production laws
    and/or the requirements of any dedicatory instrument, as applicable.

    5. The Owner is responsible for the conduct of all tenants leasing the residence, including
       adult-age residents not on the lease and any minor children. If the tenant(s) to any lease
       violates the restrictive covenants governing the Subdivision, including the Declaration, By-
       laws or any other dedicatory instruments, such violations will be prosecuted per established
       enforcement procedures and in accordance with all applicable State law.

       Violation of this Policy by the Owner or any tenants will be considered an “uncurable”
       violation as that term is used in Chapter 209 of the Texas Property Code.

    6. This Policy supersedes all other leasing policies, rules and/or regulations to the extent that
       they conflict with the Policy, and the Policy shall control.

CERTIFICATION


    This is to certify that the foregoing Policy was duly adopted by a majority of the Board of
Directors at a duly-called meeting of same with a quorum present held on the 6th day of
December 2016, and this Policy has not been modified, rescinded, or revoked.

                                                                                                     
                                                                                Jeff Hance, President
                                                                                Lakeville Community
                                                                                Association, Inc.
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For Certification, signature, and notary please refer to the PDF Page