| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | 89R6343 JBD-F | |
| 2 | 2 | By: Hayes H.B. No. 2504 | |
| 3 | 3 | ||
| 4 | 4 | ||
| 5 | 5 | ||
| 6 | 6 | ||
| 7 | 7 | A BILL TO BE ENTITLED | |
| 8 | 8 | AN ACT | |
| 9 | 9 | relating to fees charged by certain property owners' associations | |
| 10 | 10 | for resale certificates and updates of resale certificates. | |
| 11 | 11 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
| 12 | 12 | SECTION 1. Section 207.003(c), Property Code, is amended to | |
| 13 | 13 | read as follows: | |
| 14 | 14 | (c) A property owners' association may charge a reasonable | |
| 15 | 15 | and necessary fee, not to exceed $375, to assemble, copy, and | |
| 16 | 16 | deliver the information required by this section and may charge a | |
| 17 | 17 | reasonable and necessary fee, not to exceed $75, to prepare and | |
| 18 | 18 | deliver an update of a resale certificate under Subsection (f). A | |
| 19 | 19 | property owners' association may not charge any other fee in | |
| 20 | 20 | connection with preparing or delivering a resale certificate or | |
| 21 | 21 | update of a resale certificate as required by this section, | |
| 22 | 22 | including a fee for an inspection or other activity performed by the | |
| 23 | 23 | association in connection with acquiring or updating the | |
| 24 | 24 | information contained in the resale certificate. | |
| 25 | 25 | SECTION 2. This Act takes effect September 1, 2025. |