Course Description

As the demand for vertical development in Texas continues to rise, it’s important for real estate professionals to stay up-to-date on the latest information and requirements for selling condos. In this course, we will dive deep into the necessary disclosures, addenda, and protections that both buyers and sellers need to know when dealing with these multi-story complexes.

Instructor Alishia Austin will guide you through the material with engaging and interactive lessons that will keep you entertained and informed. We’ll use real-world examples to help you better understand the complex legal and financial implications of selling condos, and we’ll provide you with practical tips and strategies for success in this growing market.

Gain the knowledge and skills you need to excel in Texas condo sales.

Course Approval Info:

*This class satisfies TREC’s 3-Hour Contract-related coursework requirement- As of February 1, 2021 sales agents and brokers are required to complete at least three hours in contract-related coursework as part of the 18 hours of continuing education (CE) required to renew a license or activate a license.

Approved by the Texas Real Estate Commission for 3 hours of Mandatory CE Credit.

TREC Course #: 45899

TREC Provider #: 10444

Refund/Cancellation/Transfer Policy: Refunds will only be given if request is made 24 hours prior to the start of class. Cancellations or transfers require written advance notice.

System Requirements: This class is offered via Zoom Meeting. Computer audio/video and a reliable internet connection are required for CE credit. We have to be able to see and hear you on camera. This is a state requirement

Course Description

This course explores the history and rapid growth of homeowners’ associations (HOAs) in Texas and throughout the U.S.

We’ll talk about the good, the bad, and the ugly, focusing on Texas Property Codes 202, 204, and 209. We’ll also cover reforms to HOAs passed in the 87th Texas Legislative session, contract pitfalls to avoid, and ways to benefit your clients on either side of the transaction. We will zoom in on SB 1588, TXR 1405 (Request for info from an Owner’s Association), TXR 1922 (Addendum for Property Subject to Mandatory Member in Owner’s Association), TXR 1923 (Subdivision Information), and how they are reflected on the 1-4 contract.

Course Outline

• Introduction and Objectives 10 min

• SB 1588 Summary 10 min

• TREC HOA Registry & website requirements 20 min

• Violation Rules & Collections Restrictions 20 min

• Tenant Landlord HOA rights & restrictions 20 min

• Break 20 min

• ACC Clarifications & Requirements 10 min

• Security Devices, Fences , Religious display 20 min

• PID disclosures & where to find them 10 min

• Completing HOA TXR 1405/TREC 36-9 20 min

• Wrap up Summarize 10 min