82nd Texas Legislature, Regular Session, House Bill 364, Chapter 693 Page: 2 of 6
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H.B. No. 364
1 read as follows:
2 (a) A condominium information statement must contain or
3 accurately disclose:
4 (1) the name and principal address of the declarant
5 and of the condominium;
6 (2) a general description of the condominium that
7 includes the types of units and the maximum number of units;
8 (3) the minimum and maximum number of additional
9 units, if any, that may be included in the condominium;
10 (4) a brief narrative description of any development
11 rights reserved by a declazant and of any conditions relating to or
12 limitations upon the exercise of development rights;
13 (5) copies of the declaration, articles of
14 incorporation of the association, the bylaws, any rules of the
15 association, and amendments to any of them, and copies of leases and
16 contracts, other than loan documents, that are required by the
17 declarant to be signed by purchasers at closing;
18 (6) a projected or pro forma budget for the
19 association that complies with Subsection (b) for the first fiscal
20 year of the association following the date of the first conveyance
21 to a purchaser, identification of the person who prepared the
22 budget, and a statement of the budget's assumptions concerning
23 occupancy and inflation factors;
24 (7) a general description of each lien, lease, or
25 encumbrance on or affecting the title to the condominium after
26 conveyance by the declarant;
27 (8) a copy of each written warranty provided by the2
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Texas. Legislature. House of Representatives. 82nd Texas Legislature, Regular Session, House Bill 364, Chapter 693, legislative document, June 17, 2011; [Austin, Texas]. (https://texashistory.unt.edu/ark:/67531/metapth311534/m1/2/: accessed May 1, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.