SENATE BILL 124

File Code: Real Property

Sponsored By:

Chairman, Judicial Proceedings Committee (Departmental - Secretary of State)

Entitled:

Condominiums - Notice of Default - Insurance Deductibles

Synopsis:

Requiring a condominium unit owner to pay the insurance deductible attributable to the repair or replacement of the owner's unit if due to an intentional or negligent act or omission of the unit owner or occupant or licensee of the unit owner; and providing for assessment mechanism and liens.

Legislative History

Senate Action

10/4

Pre-filed

1/10

First Reading Judicial Proceedings

1/3

Hearing 1/16 at 1:00 p.m.

2/5

Favorable Report by Judicial Proceedings

2/6

Favorable Report Adopted

Second Reading Passed

2/8

Third Reading Passed (47-0)

House Action

2/9

First Reading Economic Matters

3/6

Hearing 3/19 at 1:00 p.m.

4/4

Unfavorable Report by Economic Matters

Sponsored by:

Chairman, Judicial Proceedings Comm.

Departmental

Bill indexed under the following Subjects:

ASSESSMENTS

CONDOMINIUMS

INSURANCE-GENERAL

NOTICES

Bill affects the following Statutes:

Real Property

( 11-110 , 11-114 )

Documents:

Bill Text:

First Reading (PDF), Third Reading (PDF), Enrolled

Fiscal Note: Available (PDF)

Amendments: None available