Texas Legislature Passes Homeowners Association Reform – H.B. 2761 (Garza/West)

Texas Legislature Passes Homeowners Association Reform – H.B. 2761 (Garza/West)

AUSTIN, TX – May 27, 2011 – (RealEstateRama) — The Texas House of Representatives passed HB 2761 which requires Texas Home Owners Associations to operate openly. Under HB 2761, HOAs may no longer foreclose on an assessment lien if the debt consists solely of fines assessed by the association, attorney’s fees incurred by the association solely associated with fines assessed by the association or amounts added to the owner’s account for open record requests.

SHARE

Texas RealEstateRama is an Internet based Real Estate News and Press Release distributor chanel of RealEstateRama for Texas Real Estate publishing community.

RealEstateRama staff editor manage to selection and verify the real estate news for State of Texas.

Contact:

Previous articleHusband and Wife Sentenced for Mortgage Fraud
Next articlePCCP Partners With Principal Real Estate Investors to Acquire Class A Office Building in Seattle