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