This By-Laws document for a condominium association contains information concerning: restrictions, the board of directors, and the advisary committee.
Condominium Bylaws Condo Association With Board Members In Tarrant
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State:
Multi-State
County:
Tarrant
Control #:
US-00452
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Word;
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FAQ
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.
Board members are generally responsible for: Providing a clear vision for the community image and culture. Protecting and preserving the association's assets. Minimizing the financial risks to the association. Maintaining the community's property values. Enhancing the living experience for all residents.
Board Member Responsibilities Governance and Oversight. Fiduciary Duty. Strategic Planning. Risk Management. Evaluating and Hiring Leadership. Compliance and Legal Oversight. Advocacy and Representation.
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.
Term of Office If the term is undefined, the directors will serve "until the next annual election of directors and until a successor is elected, appointed, or designated and qualified." This law is in the Texas Business Organizations Code.
House Bill 614 is a significant step towards a more balanced and equitable relationship between HOAs and homeowners in Texas. By clearly outlining fining procedures and ensuring your right to due process, this HOA law empowers you to navigate your HOA community with confidence.
There must be at least three people on the Board of Directors. If an association's governing documents do not state how many people must serve on the Board of Directors, Texas law says that the number will be equal to the initial number of directors listed in the Articles of Incorporation.
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.
The Texas Uniform inium Act contains a provision which states that unless a declaration provides otherwise, a inium building may be terminated and sold if 100% of the owners agree. It also allows unit owners associations to adopt a rule allowing for a lower threshold of 80% of the votes.