Requiring, on the transfer of control of a condominium, the documents turned over by the developer to the council of unit owners to include any reserve account records and a certain report describing the reserves required for major repairs and replacement of the common elements; and requiring, for a condominium created by the conversion of residential rental property, the developer to turn over a reserve account containing certain funds.
Bill File Type: Regular
Effective Date(s): October 1, 2018
( 11-132 )
Last Updated: 2/3/2020 2:31 PM