SandraH17 (Texas)
Posts: 3
Posts: 3
Posted:
Our Texas subdivision has 5 rental homes, but no Amendment establishing a Rental Cap.
The Homeowners want a Cap of 5%.
We have a 3-member Board.
The new President of the HOA agrees to a Rental Cap Amendment, but wants 8%.
The President believes that if he and one other Board member agree, they can force this on the homeowners.
He refuses a survey to see determine what the Homeowners want, before putting the Amendment to a vote.
The vote would fail, and no CAP would be achieved.
Can he do this?
The Homeowners want a Cap of 5%.
We have a 3-member Board.
The new President of the HOA agrees to a Rental Cap Amendment, but wants 8%.
The President believes that if he and one other Board member agree, they can force this on the homeowners.
He refuses a survey to see determine what the Homeowners want, before putting the Amendment to a vote.
The vote would fail, and no CAP would be achieved.
Can he do this?