Texas Property Code Chapter 209 governs HOA assessments. Associations may place liens for unpaid assessments but foreclosure is limited. Payment plans required for delinquent amounts.
HOA assessments in Irving are governed by Texas Property Code Chapter 209 and the individual association's governing documents. Regular assessments fund community maintenance and operations. Special assessments may require membership approval depending on the CC&Rs. Associations may file liens against properties with unpaid assessments. Under Chapter 209, the association must offer a payment plan before foreclosing on an assessment lien. Nonjudicial foreclosure for assessments (excluding fines and attorney fees) is permitted only if the unpaid assessments exceed the amount specified in the governing documents. Late fees and interest are governed by the CC&Rs. Property owners have the right to receive itemized statements of their account balance.
Unpaid assessments may result in liens, interest, late fees, and potentially foreclosure per Chapter 209.
Irving, TX
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