Legislation
- Title
- Condominiums - Mandatory Insurance Coverage - Detached Units
- Sponsored by
- Delegates Holmes and Arentz
- Status
- Approved by the Governor - Chapter 296
- Analysis
- Fiscal and Policy Note (Revised)
Synopsis
Altering the types of elements and units for which a council of unit owners is required to maintain certain property insurance; requiring the council of unit owners to annually notify, in writing, owners of detached units of certain property insurance obligations; limiting instances when an owner of a detached unit within a condominium is required to carry homeowners insurance on the entirety of the unit; and authorizing a council of unit owners to carry homeowners insurance on the entirety of all units located within a certain condominium.
Committees
- Opposite:
- Judicial Proceedings
Committee Testimony
Details
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Last Updated: 5/2/2024 11:46 AM