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today were going to talk about what ive come to call the real estate booger man and thats uh hoas or homeowners associations so theyre big and bad and nasty or are they but the texas legislature has clipped their wings were going to talk about that today hey guys jeff kelly here from monument realty and today were going to talk about a newly enacted law went into effect september 1st its senate bill 1588 if you want to look that up stay tuned to see how i can get you a summary of all these changes right after the video here so anyway enacted september 1st did a lot to really take away some of the powers the abusive powers maybe that homeowners association has so theres about 11 points im gonna go ahead and give you the top four or five i think at the top and well talk about the others later first and foremost fees are capped for subdivision information going forward uh resales certificates are 75 updated resale certificates 75 these literally cost hundreds and even thousands