S.B. No. 2586 amends Chapter 209 of the Property Code by adding Section 209.00405, which mandates that property owners' associations must electronically file specific information with the Texas Real Estate Commission (TREC) within seven days of filing a management certificate or an amended management certificate. The required information includes the association's dedicatory instruments and the enforcement policy as stipulated under Section 209.0061. The TREC is tasked with making this data accessible to the public via an internet website. Additionally, the bill provides liability protections for associations and their representatives regarding delays or failures in filing, unless such actions are willful or grossly negligent.

The bill also establishes a timeline for implementation, requiring TREC to have the necessary electronic filing system in place by December 1, 2025. Associations that have recorded management certificates by this date must file the required information by June 1, 2026. The provisions of this act will take effect on September 1, 2025.

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