Texas has no general restrictions on HOA rentals in both inium and homeowners associations. Therefore, if an HOA wants to ban rentals, they must include it in the governing documents — specifically, the Declaration of Covenants, Conditions, and Restrictions (CC&Rs).
Since HOA meeting requirements, as stipulated in most governing documents, only allow members whose names appear on the title, that typically means spouses, tenants, and attorneys of members can't attend. Of course, not all associations impose this provision strictly.
In Georgia, homeowners associations can generally prohibit or restrict rentals. However, if an HOA wishes to amend its governing documents, Section 44-5-60 of the Georgia Code may apply.
Does Texas require 3x rent? Many landlords ask that your monthly income be at least three times the rent. It's not law, but it's common practice.
Disclosure Requirements Disclosure is mandated by law, often through public records and real property records. Before purchasing a home, buyers must receive a set of documents detailing the HOA's health, such as its covenants, conditions, restrictions, bylaws, rules, and financial statements.
In addition, HOAs have the authority to enforce their rules and regulations, such as those pertaining to architectural guidelines, landscaping, and pet restrictions. Property owners' associations are responsible for maintaining and restoring common amenities such as parks, swimming pools, and clubhouses.
Once you buy a home that's part of an HOA, you automatically become a member of the HOA. HOA rules are legally binding, and you must adhere to all rules and regulations in the governing document. Yes, there are bylaws that you may not like, but there are no HOA loopholes.
The best way to strategize on short-term rental restrictions is to speak to a board member. At the same time, you can consult the CC&Rs' (Covenants, conditions, and restrictions) advice. Knowing the potential risks of getting around HOA's restrictions is important. And we highly recommend doing it the legal way.
House Bill 614 guarantees your right to a hearing before the HOA board to contest the violation or the proposed fine. This ensures a fair and transparent process where you can voice your concerns and advocate for your interests.