- Cooperative Housing Corporations, Condominiums, and Homeowners Associations - Reserve Studies
- Sponsored by
- Delegate Holmes
- In the House - Hearing 1/28 at 1:00 p.m.
Requiring the governing body of certain cooperative housing corporations, condominiums, and homeowners associations to have a study of reserves required for future major repairs and replacements conducted by a certain date and at certain 5-year intervals; requiring a certain reserve study to meet certain criteria; establishing that the governing body of a cooperative housing corporation or a homeowners association and the board of directors of a condominium have authority to increase a certain assessment; etc.
Bill File Type: Pre-Filed
Effective Date(s): October 1, 2020
( 5-6B-26.1 )
Last Updated: 1/19/2020 9:40 AM