Contracts
The Texas TREC 'Addendum for Property Subject to Mandatory Membership in a Property Owners Association' is required when:
AThe property is in a flood zone
BThe property is located in a subdivision governed by a mandatory HOA✓ Correct
CThe property is subject to deed restrictions only
DThe seller is delinquent in HOA dues
Explanation
This TREC addendum is required for properties subject to mandatory HOA membership, disclosing the existence of the HOA and providing the buyer a period to review HOA documents and, if objectionable, terminate the contract.
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