Texas 2019 86th Regular

Texas Senate Bill SB1845 Engrossed / Bill

Filed 04/26/2019

                    By: Miles S.B. No. 1845


 A BILL TO BE ENTITLED
 AN ACT
 relating to the amendment of the dedicatory instruments of certain
 mixed-use real estate developments.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Title 11, Property Code, is amended by adding
 Chapter 214 to read as follows:
 CHAPTER 214.  AMENDMENT OF DEDICATORY INSTRUMENTS OF CERTAIN
 MIXED-USE REAL ESTATE DEVELOPMENTS
 Sec. 214.001.  DEFINITIONS. In this chapter:
 (1)  "Declaration" means an instrument filed in the
 real property records of a county that includes restrictive
 covenants governing a real estate development.
 (2)  "Dedicatory instrument" has the meaning assigned
 by Section 202.001.
 (3)  "Mixed-use real estate development" means a real
 estate development that includes commercial properties, including
 hotel and retail properties, and that may include other real estate
 uses.
 (4)  "Property owners' association" has the meaning
 assigned by Section 202.001.
 Sec. 214.002.  APPLICABILITY OF CHAPTER. (a)  This chapter
 applies only to a mixed-use real estate development:
 (1)  that is located in a county with a population of
 3.3 million or more; and
 (2)  in which property owners are subject to mandatory
 membership in a property owners' association.
 (b)  This chapter applies to a dedicatory instrument
 regardless of the date on which the dedicatory instrument was
 created.
 Sec. 214.003.  AMENDMENT OF DEDICATORY INSTRUMENT.
 (a)  This section supersedes any conflicting requirement in a
 dedicatory instrument of a mixed-use real estate development.
 (b)  To the extent of any conflict with another provision of
 this title, this section prevails.
 (c)  Except as provided by Subsection (d), a declaration of a
 mixed-use real estate development may be amended only by a vote of a
 majority of the total votes allocated to property owners entitled
 to vote on the amendment of the declaration.
 (d)  If the declaration contains a lower approval
 requirement than prescribed by Subsection (c), the approval
 requirement in the declaration controls.  If the declaration is
 silent as to voting rights for an amendment, the declaration may be
 amended by a vote of a majority of the total votes allocated to
 property owners entitled to vote on the amendment of the
 declaration.
 (e)  A bylaw of a mixed-use real estate development may not
 be amended to conflict with this section.
 SECTION 2.  This Act takes effect September 1, 2019.