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HB 2504

AN ACT relating to fees charged by certain property owners' associations

House Bill
Filed

Filed

Bill introduced by legislator

Committee

Hearing

Passed Cmte

Calendar

Passed

Sent

Enrolled

Governor

Signed

89th Regular Session

Jan 14, 2025 - Jun 2, 2025 • Session ended

Awaiting Committee Assignment

Bill filed, pending referral to House committee

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Committee

Not yet assigned

Fiscal Note

Not available

What This Bill Does

Limits the fees that property owners' associations can charge for resale certificates and their updates. Property owners' associations can now charge a maximum of $375 for assembling and delivering a resale certificate, and up to $75 for updating the certificate, with no additional fees permitted for related activities like inspections. The law aims to provide transparency and prevent excessive charges for homeowners and potential home buyers when obtaining property association documentation.

Subject Areas

Bill Text

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
(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.

Bill History

filed

Bill filed: AN ACT relating to fees charged by certain property owners' associations