Required notice to owner prior to turning delinquent accounts over to a third party collection agent and certain contingency fee arrangements made unenforceable against an owner.
Copy Charge Foreclosure (Texas Prop. Code 209.009) HB 2761 Effective 1/1/12
No HOA foreclosure for copy charges related to books and records.
Junior Lienholder Notice (Texas Prop. Code 209.0091) HB 1228 Effective 1/1/12
Prior notice of foreclosure must be sent to junior lienholders.
Judicial Foreclosure (Texas Prop. Code 209.0092) HB 1228 Effective 1/1/12
Non-judicial HOA foreclosures prohibited.
Foreclosure Amendment (Texas Prop. Code 209.0093) HB 1228 Effective 1/1/12
Foreclosure provisions can be added or removed by owners from declaration.
Lien Notices (Texas Prop. Code 209.0094) HB 1228 Effective 1/1/12
Confirms prior law that HOA lien notices and similar instruments affect title to property.
Transfer Fees (Texas Prop. Code Chap. 5, subchap. G) HB 8 Effective 6/17/11
Certain types of transfer fees are prohibited with general exceptions for most HOA transfer fees.
Resale Certificates (Texas Prop. Code 207.003) HB 1821 Effective 1/1/12
New requirements and time frames for resale certificates are established.
Two other websites you might be interested in:
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