Pro/Con: Are homeowner's associations good for the neighborhood?
April 20, 2014 at 4:20 a.m.
Which government oversees Homeowners associations?
No state agency regulates home or property owners' associations. The secretary of state's office does not have the authority to investigate or regulate the internal activities of home or property owners' associations, and it cannot take any action against an association for failing to comply with its bylaws or governing documents. If the association is on file with the office, the office can provide you with the information in its records. Depending on the organizational form of the entity, however, the home or property owners' association may not be required to register with the secretary of state. For assistance in resolving these issues, you should consult your private attorney.
Source: Texas Secretary of State Website
About the new development
The new development will feature 1,175 homes upon completion and is a being handled by MAK Development Group, a Houston-based company. The development would occupy more than 450 acres on the east side of Zac Lentz Parkway, where Mockingbird Lane and Ben Jordan Street end. The development may feature a walking trail, lakes, recreation center, parks and various lot sizes.
SOURCE: ADVOCATE ARCHIVES
The March news of a possible master-planned community coming to Victoria leaves some with mixed feelings about bringing in a new development to Victoria - a move which could mean a new homeowners association is on its way.
Some homeowners believe associations maintain the property values and add security by setting rules and regulations. Because the associations are made up of elected or appointed members, they may not demonstrate unfair practice while enforcing regulations.
Owning a home is the American dream, but is being a part of a homeowners association truly good for the neighborhood you call home?