Loading chat...

TX SB2586

Bill

Status

Engrossed

5/7/2025

Primary Sponsor

Peter Flores

Click for details

Origin

Senate

89th Legislature Regular Session

AI Summary

  • Requires property owners' associations (HOAs) to electronically file their dedicatory instruments and enforcement policies with the Texas Real Estate Commission within 7 days of recording a management certificate or amended management certificate

  • Mandates the Texas Real Estate Commission to make the filed HOA information accessible to the general public through an Internet website

  • Protects HOAs and their officers, directors, employees, and agents from liability for delays or failures in electronic filing unless caused by willful misconduct or gross negligence

  • Exempts property owners from liability for assessments, fines, or fees levied by their HOA during any period the association fails to file the required information with the commission

  • Requires the Texas Real Estate Commission to establish the electronic filing system by December 1, 2025, with existing HOAs required to file their information by June 1, 2026; act takes effect September 1, 2025

Legislative Description

Relating to information that a property owners' association must file with the Texas Real Estate Commission.

Property Interests

Last Action

Referred to Trade, Workforce & Economic Development

5/8/2025

Committee Referrals

Trade, Workforce & Economic Development5/8/2025
Business & Commerce4/3/2025

Full Bill Text

No bill text available