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Committee advances HOA reform bill that caps closing-letter fees and requires dispute processes
Summary
House Bill 512 would require homeowners associations to offer alternative dispute resolution before liens, cap most closing‑letter fees at $250 with a $50 expedited fee, and require account statements be issued within 45 days of payment. The committee voted to pass the bill.
The House Regulated Industries Committee voted to advance House Bill 512, a measure intended to limit certain homeowners association (HOA) charges and require associations to offer alternative dispute resolution before placing liens on property.
Sponsor materials presented to the committee describe repeated homeowner complaints about large invoices tied to closing-letter requests, which can run hundreds of dollars. The bill would cap the fee for a…
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