ValerieS1 (Texas)
Posts: 1
Posts: 1
Posted:
The deed restrictions I received when I purchased my property indicate the HOA will establish an amount for HOA dues. All the properties have been sold and now the developer has stated he is no longer involved in the HOA. I have researched and the only paperwork filed with the county clerk is the original deed restrictions. In other words, there are no by-laws (or at least they have not been filed), there is not an active board, (one property owner is listed by default as VP and the developer and a family member of the developer are listed at Board members on the corporate papers which have been filed annually), I have been told that $500 per lot has been established as the HOA dues, but nobody has that in writing, and nobody is billing the property owners. There are only 2 homes built in the development. One is the afore mentioned VP (who now has his home on the market and doesn't have the time or desire to do anything about this situation) and one other person whom I have spoken to. The second gentleman agrees with me that someone needs to take the reins and manage the HOA. We are both willing to serve on the board and establish whatever guidelines we need to make this an active HOA. So the question is, how are the board members determined? Can we just self appoint? Have the developer appoint us? After extensive research, I think I have names and addresses of the property owners, but I'm not even sure if it's an accurate list. What do we need to do to get going? We're lost and need your help.