You will not post content or take any action on our blog posts that infringes someone else’s rights or otherwise violates the law. You will not use our blog posts or posted content to do anything unlawful, misleading, malicious, or discriminatory and You will not post any defamatory, discriminatory, libelous, threatening, vulgar, sexually explicit, abusive, profane, rude, or obscene content (including comments) By interacting with any of our blog posts, you agree to comply with the following terms and conditions: Texas REALTORS® provides content through various online platforms, including this blog. In addition, the website collected real-world stories from homeowners and REALTORS® about the challenges they’ve faced with HOAs. The call for action resulted in more than 12,500 supportive messages-a record-high response. Texas REALTORS® launched a call for action via email to all members as the bill was moving through the legislative process, providing a convenient way for REALTORS® to urge their representatives to support SB 1588. The passage of monumental HOA reform legislation wouldn’t have happened without you. New laws improve due process in dispute resolution and provide additional legal avenues when seeking resolution from a dispute with an HOA.HOA boards are required to provide members with timely notice about meetings.HOAs are barred from prohibiting certain pool safety enclosures, the installation of certain security measures on an owner’s private property, or certain religious displays.HOAs are required to solicit bids for contracts for services over $50,000.HOAs are barred from requiring access to lease agreements and are only allowed to request a tenant’s contact info and lease beginning and end dates.New laws improve some conflicts of interest within HOA architectural review boards.Property owners have new protections from negative credit reporting when a fine or fee is in dispute, and HOAs are required to give a detailed report of charges and offer a payment plan before reporting delinquencies.All HOAs are required to file dedicatory instruments with the county (counties) and provide certain contact information on all dedicatory instruments and management certificates.HOAs that have at least 60 lots or have contracted with a management company are required to make a current version of dedicatory documents available on a website maintained by the HOA or management company.HOAs that have filed management certificates in county records before Decemare required to file with TREC by June 1, 2022. TREC will create a publicly accessible central database of Texas HOAs by December 1, 2021.Fees are capped for delivery of subdivision information, including the initial resale certificate (at $375) and updated resale certificates (at $75).The 87th Texas Legislature passed these changes as Senate Bill 1588, which was authored by Sen. These changes will bring more balance between the rights of property owners and their property owners’ associations. Several new REALTOR®-supported homeowners association reform laws took effect September 1.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |