HB0651

Find a 2017 Bill:

2017 Regular Session

 

Entitled:

Real Property - Condominiums and Homeowners Associations - Reserve Studies - Annual Budgets

Sponsored by:

Delegate Holmes

Status:

In the Senate - Hearing 3/21 at 1:00 p.m.


Synopsis:Requiring the governing body of specified condominiums to have a reserve study conducted of the common elements of the condominium by a specified date and at specified intervals; requiring the reserve study to meet specified criteria; altering the content of the annual budget of specified homeowners associations; requiring the governing body of specified homeowners associations to have a reserve study conducted of the common areas of the homeowners association by a specified date and at specified intervals; etc.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:Delegate Holmes
Additional Facts:Bill File Type: Regular
Effective Date(s): October 1, 2017
Committee(s):
Environment and Transportation  View Committee HearingJudicial Proceedings  View Committee Hearing
Broad Subject(s):Real Property
Narrow Subject(s):Budgets -see also- Capital Budgets
Condominiums
Homeowners Associations
Statutes:Article - Real Property
(11-109.2, 11B-112.2, 11-109.4, 11B-112.3)

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November 28, 2017 1:02 P.M.