RealManage Responds to 2011 Texas Legislation

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RealManage announced today that the company is well positioned to implement the recent legislative changes imposed by Governor Perry in Texas.

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We have already been working with other state statutes which have similar requirements and have developed our systems and processes to integrate seamlessly with the new requirements in Texas.

RealManage announced today that the company is well positioned to implement the recent legislative changes imposed by Governor Perry in Texas. These changes that apply to all mandatory residential associations except condominiums include:

*Foreclosure, Collections and Payments
*Meetings and Records
*Voting and Board Eligibility
*Amendments to Covenants

These changes that apply to both mandatory residential associations and condominium associations include:

*Resale Certifications
*Architectural Issues
*Developer Controls
*Transfer Fees

"RealManage's state of the art, proprietary technology, along with our ongoing training, have positioned us well to address the new legislative issues recently passed," states Monte Irion, Chief Process officer for RealManage. "We have already been working with other state statutes which have similar requirements and have developed our systems and processes to integrate seamlessly with the new requirements in Texas. We are confident our systems will help our existing homeowners and board members migrate to the new legislation."

About RealManage

RealManage is a property management company that specializes in HOA management and condominium management and manages hundreds of community associations in Arizona, California, Colorado, Florida, Louisiana, Nevada and Texas, including homeowner associations (HOAs), condominium associations, cooperatives, municipal utility districts, luxury high-rises and large master-planned communities. For more information or to request a quote for HOA management or condominium management, visit RealManage.com or call us toll-free at (866) 403-1588. You may also follow us on Facebook and Twitter.

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Kelley Hoven Dvorak
REALMANAGE
(214) 269-2516
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