The HOA priority of payments determines how an association applies payments from delinquent owners. This rule matters because owners often owe more than just unpaid dues. They may also owe late fees, attorney fees, collection costs, and fines. Understanding how to...
In a planned community, HOA late fees serve as a way to encourage on-time dues payments. That said, not all associations can charge late fees, and there are certain conditions that may be placed upon the board by its own governing documents. Understanding these...
Can an HOA raise dues without a vote in Texas? This is a question both board members and homeowners often ask. When faced with higher dues, the first instinct is to challenge the decision and whether proper protocol was followed. But while unpopular, a dues increase...
HOA payment plans help homeowners settle their outstanding balances and avoid foreclosure. For associations, these plans support collection efforts and maintain a positive cash flow. But navigating the ins and outs of payment plans, particularly in Texas, can be...
How much are HOA fees in Texas? This is a question many homeowners ask, especially in the Lone Star State. After all, homeowners want to know that theyโre paying a reasonable amount and getting their moneyโs worth. Are HOA Fees in Texas Legal? Yes, in general....