The Board’s Guide To HOA Disclosure Documents
Homeowners associations in Texas must understand the HOA disclosure documents. These documents are crucial in fostering transparency and safeguarding the association’s reputation. They provide buyers with all the necessary information about the HOA before making one of their biggest investments. What are HOA Disclosure Documents? The HOA disclosure documents are a set of materials the […]
What You Need To Know About HOA Management Certificate in Texas
An HOA management certificate is a crucial piece of documentation that homeowners associations must file with their county in Texas. Unfortunately, many associations don’t know the first thing about filing this document and how to amend it if there are any changes. What is an HOA Management Certificate? First, it is important to define a […]
Can You Refuse To Join A Homeowners Association?
Can you refuse to join a homeowners association? Many potential homebuyers—and even existing homeowners—ask this question. The answer is somewhat straightforward, but there are also layers to it. Can You Refuse to Join a Homeowners Association? First, it’s important to define a homeowners association (HOA). In simple terms, an HOA is an organization responsible for […]
What Is Homeowners Association Insurance? What Does It Cover?
Homeowners association insurance is essential to a community’s long-term financial health. It protects an HOA from financial loss resulting from covered perils. That said, it is important to understand what HOA insurance covers and how it affects the owners. What is Homeowners Association Insurance? Homeowners association insurance is a policy that specifically applies to HOAs. […]
Condo And HOA Special Assessments: Should Homeowners Pay Up?
Homeowners might encounter an HOA special assessment every once in a while. Although different from regular dues, a special assessment also serves as a way for an HOA to secure funding. Both homeowners and board members should understand the ins and outs of special assessments. What is an HOA Special Assessment? A homeowners association special […]
What Are The Restrictive Covenants In Texas For HOAs?
Homeowners should understand the different restrictive covenants in Texas, especially when it comes to HOA communities. Homeowners associations are known for implementing these restrictions, and violations can result in fines or other penalties. On the other hand, the board should know how to enforce these covenants and what may be unlawful. What are Restrictive Covenants […]
