Texas Legislature Passes Homeowners Association Reform – H.B. 2761 (Garza/West)

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By Texas RealEstateRama -

AUSTIN, TX – May 27, 2011 – (RealEstateRama) — The Texas House of Representatives passed HB 2761 which requires Texas Home Owners Associations to operate openly. Under HB 2761, HOAs may no longer foreclose on an assessment lien if the debt consists solely of fines assessed by the association, attorney’s fees incurred by the association solely associated with fines assessed by the association or amounts added to the owner’s account for open record requests.

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