A Texas HOA community has a swimming pool that requires significant repairs estimated at $200,000. The HOA board votes to levy a special assessment of $2,000 per unit. Under Texas HOA law, what notice must the HOA provide to homeowners?
Correct Answer
A) Written notice of the special assessment including the amount and purpose, with proper notice period
Under Texas Property Code Chapter 209, the HOA must provide written notice of special assessments to all homeowners, including the amount, purpose, and payment terms. Proper notice procedures must be followed.
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More Texas Property Code Disclosures Questions
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