Bill > HB2828

This bill adds a new section to the Texas Property Code that clarifies the rules regarding partial payments to property owners' associations (HOAs). Specifically, the bill states that an HOA is not obligated to accept partial payments from a property owner unless there is a pre-existing written payment plan or agreement that explicitly allows for such partial payments. This means that HOAs have the discretion to reject incomplete payments for amounts owed, such as dues or fees, unless a formal payment arrangement has been previously established between the property owner and the association. The new provision aims to provide HOAs with more flexibility in managing their financial collections and preventing partial or inconsistent payments. The bill is set to take effect on September 1, 2025, giving property owners' associations and homeowners time to understand and adapt to the new regulation.