2010 Regular Session

SENATE BILL 345

File Code: Real Property
Sponsored By:
Senators Kelley, Forehand, Gladden, and Stone
Entitled:
Condominiums and Homeowners Associations - Reserves and Reserve Studies

Synopsis:

Requiring specified condominiums to have a reserve study conducted of the common elements by a specified date and at least every 5 years thereafter; requiring specified homeowners associations to have a reserve study conducted of the common elements by a specified date and at least every 5 years thereafter; requiring a reserve study to meet specified criteria; requiring the annual budget of specified homeowners association development to provide for reserves under specified circumstances; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
Senate Action
1/28
First Reading Judicial Proceedings
Hearing 2/3 at 1:00 p.m.
3/8
Unfavorable Report by Judicial Proceedings
House Action
No Action

Sponsored by:

Senator Delores G. Kelley, District 10
Senator Jennie M. Forehand, District 17
Senator Lisa A. Gladden, District 41
Senator Norman R. Stone, Jr., District 6

Bill indexed under the following Subjects:

Budgets -see also- Capital Budgets
Condominiums
Homeowners Associations
Reports

Bill affects the following Statutes:

Real Property
( 11-109.2 , 11-109.4 , 11-110 , 11B-112.2 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Available
Amendments: None offered
Committee Votes :
Senate
Judicial Proceedings