Taking a Bite out of Your Homeowner’s Association Assessment Lien
Prior to January 1, 2012, when the Texas Residential Property Owners Protection Act became effective, Homeowners Associations (HOAs) were filing liens on their members’ homes for non-payment of annual dues, fees, and assessments, and then selling those homes at foreclosure sales for a fraction of the home’s value.
The Texas Legislature heard about the abuses of some HOAs across the State...