HB 1186

Bill Subjects

Civil Law And Procedure; Contracts And Legal Documents Property; Homeowners Associations (Hoas) Property; Real Estate Taxes; Assessments, Notices, And Penalties

Abstract

Requires the owner of a property to disclose in the disclosure form the following: (1) That the property is in a community governed by a homeowners association. (2) A copy of the recorded governing documents. (3) A statement indicating whether there are assessments and the amount of any assessments. (4) The name and business or home address of a board member, homeowners association agent, or other person who has a contract with the homeowners association to provide any management services for the homeowners association. Makes conforming changes.