Texas 2011 82nd Regular

Texas Senate Bill SB101 Introduced / Bill

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                    82R1692 PMO-D
 By: Van de Putte S.B. No. 101


 A BILL TO BE ENTITLED
 AN ACT
 relating to prohibiting nonjudicial foreclosure by a property
 owners' association on residences owned by certain members of the
 military.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Section 51.002, Property Code, is amended by
 adding Subsection (i) to read as follows:
 (i)  Notice served under Subsection (b)(3) or (d) must state
 the name and address of the sender of the notice and contain a
 statement that is conspicuous, printed in boldface or underlined
 type, and substantially similar to the following: "If you are or
 your spouse is serving on active military duty, including active
 military duty as a member of the Texas National Guard or the
 National Guard of another state or as a member of a reserve
 component of the armed forces of the Unites States, please send
 written notice of the active duty military service to the sender of
 this notice immediately."
 SECTION 2.  Section 51.015(a), Property Code, is amended by
 adding Subdivision (1-a) to read as follows:
 (1-a)  "Assessment" and "regular assessment" have the
 meanings assigned by Section 209.002.
 SECTION 3.  Section 51.015(b), Property Code, is amended  to
 read as follows:
 (b)  This section applies only to an obligation:
 (1)  that is secured by a mortgage, deed of trust, or
 other contract lien, including an assessment or regular assessment,
 on real property or personal property that is a dwelling owned by a
 military servicemember;
 (2)  that originates before the date on which the
 servicemember's active duty military service commences; and
 (3)  for which the servicemember is still obligated.
 SECTION 4.  The changes in law made by this Act apply only to
 the levy of an assessment or regular assessment as described by
 Section 51.015, Property Code, as amended by this Act, the
 effective date of which is on or after the effective date of this
 Act. A levy of an assessment or regular assessment the effective
 date of which is before the effective date of this Act is governed
 by the law as it existed immediately before the effective date of
 this Act, and that law is continued in effect for that purpose.
 SECTION 5.  This Act takes effect September 1, 2011.