THE 2015 TEXAS HOA LEGISLATION REPORT (2-22-2015) With only three weeks left before the expiration of the deadline to file bills for the 2015 Texas legislative session, there are only a few bills that have been filed to date concerning HOA laws. The following is a brief summary of such filed bills, as currently drafted: House Bill 262 would limit the liability of a property owner, such as a homeowners association, that allows its property to be used as a community garden. HB 262 defines a “community garden” as land gardened by a cooperative group of people residing in a neighborhood [...]
What Every New (and Experienced) Board Member Needs to Do to Manage Their HOA in Compliance With Texas Law.
What Every New (and Experienced) Board Member Needs to Do to Manage Their HOA in Compliance With Texas Law. The Foundation for Community Association Research estimates that there are at least 18,600 “Homeowners Associations” (or “HOAs” for short) in the State of Texas, and that the total value of all homes that are governed by a Texas HOA is $264 billion, the total amount of annual assessments paid by Texas homeowners is $3.6 billion, and the total amount of annual reserve fund contributions paid by such homeowners is $1.13 billion. Suffice it to say, the operation of Texas HOAs is a billion [...]
Top 5 Legal Resources for Self-Managed Texas Homeowners Associations. The Foundation for Community Association Research estimates that there are at least 18,600 “Homeowners Associations” (or “HOAs” for short)  in the State of Texas, and that of such number, it is further estimated that 30 – 40% are self-managed, meaning that such HOAs do not employ a professional manager or management company for day-to-day services and are administered solely by volunteer homeowners. If those numbers are accurate, it would mean that there are between 5,520 and 7,360 self-managed HOAs in Texas alone. As the Texas legislature continues to impose increasing [...]
The Importance of Recording a Management Certificate. Under Texas law, all Texas Homeowners Associations (or "HOAs" for short), including HOAs that govern both condominium and subdivision developments, are required to record a "Management Certificate" in the Official Public Records of each county in which any portion of the HOA is located. So, what is a Management Certificate and why is it so important? In simple terms, a "Management Certificate" is a written statement that identifies certain requisite information concerning a HOA, its governing documents and its management. More specifically, a Management Certificate identifies the following information: (1) the name of the Subdivision or Condominium [...]