File Code: Real Property
Crossfiled with: HOUSE BILL 666
- Sponsored By:
-
Senator Kelley
- Entitled:
-
Condominiums and Homeowners Associations - Reserves and Reserve Studies
Requiring specified condominiums to have a reserve study conducted of
the common elements by a specified date and every 5 years thereafter;
requiring specified homeowners associations to have a reserve study
conducted of the common areas by a specified date and every 5 years
thereafter; requiring a reserve study to meet specified criteria; and
requiring the annual budget of a specified homeowners association
development to provide for reserves.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
Senate Action
- 2/6
- First Reading Judicial Proceedings
- Hearing 2/25 at 1:00 p.m.
- 3/17
- Unfavorable Report by Judicial Proceedings
House Action
- No Action
Bill indexed under the following Subjects:
- Budgets -see also- Capital Budgets
- Condominiums
- Homeowners Associations
- Real Property
- Records -see also- Land Records; Vital Records
- Reports
Bill affects the following Statutes:
- Real Property
- (
11-109.2 ,
11-109.4 ,
11-110 ,
11B-112.2
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal and Policy Note (Displayed in PDF Format):
Available
- Amendments:
None offered