Under Texas Property Code Chapter 209, an HOA must follow specific procedures before foreclosing on a homeowner's property for unpaid assessments. Which statement about HOA foreclosure in Texas is correct?
Correct Answer
B) HOAs must follow the notice and hearing requirements of Chapter 209 before pursuing foreclosure
Texas Property Code Chapter 209 requires HOAs to follow specific notice and hearing procedures before pursuing foreclosure for unpaid assessments. This includes providing written notice, an opportunity to cure, and in some cases, a hearing before the HOA board.
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