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DIGEST OF INTRODUCED BILL
Homeowners association covenants. Provides that if the tracts of land included as part of one homeowners association are not all subject to the same homeowners association covenants, all the tracts may be made subject to the same covenants if the homeowners association: (1) distributes to the owner of each tract a proposed set of covenants that would apply to all tracts included as part of the homeowners association and a petition to be signed by each tract owner on which the owner indicates whether the owner approves or disapproves of applying the proposed covenants to all tracts included as part of the homeowners association; and (2) submits the petitions and covenants to the county recorder if more than two-thirds of all tract owners approve of applying the covenants to all tracts included as part of the homeowners association. Specifies that homeowners association covenants submitted to a county recorder in accordance with these procedures are considered to be recorded on the date they are submitted to the recorder.