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SB 1588 requires HOAs to file a ?management certificate? with the county clerk identifying who is responsible for managing its operations. The Texas Real Estate Commission (TREC) has until December 1, 2021 to create a publicly-accessible database where HOAs can file these certificates.
Regular and special board meetings must be open to all owners, subject to the right of the board to adjourn and reconvene in a closed section. So if you're an owner or the owner's personal representative, you can attend the regular meeting, but if the board goes into a closed session, you're not allowed in.
The Dissolution Process If the bylaws allow it, you can vote to dissolve the HOA. If the bylaws do not allow for dissolution, you can amend them to allow it, and then vote to do so according to the amended bylaws. You must get the consent of a majority of members to proceed (anywhere between 80-100%).
A property owners' association can foreclose on the lien and trigger the sale of the property. The ability to create assessment liens is a power that is not automatically granted by Texas law. It must be specifically stated in the Declaration of Covenants, Conditions, and Restrictions.
Non-judicial foreclosures for condominium associations are governed by Chapter 51 of the Texas Property Code and the condominium's declaration. Typically, a condominium association can foreclose after sending the homeowner notice at least 21 days before the date of the sale.
An HOA can be established as a non-profit company or as a common law association. A non-profit HOA operates under the Companies Act which stipulates how this body will operate and how Directors and Executives will be appointed.
If you fail to pay your HOA or COA assessments in Texas, the association can usually get a lien on your home and might foreclose.
Under Chapter 209 of the Texas Property Code, residential subdivision HOAs are required to have 'open' board meetings, meaning that the members of the HOA (i.e., the property owners) have the right to attend, but not speak, at said board meetings.
If HOAs fail to maintain, repair, or replace common areas as required by the CC&Rs or other governing documents, residents are entitled to take action against the HOA.
Texas law does not automatically give a property owners' association the right to impose fines or use a self-help remedy. These powers must be granted by the declaration of covenants, conditions, and restrictions.