Legislation
Synopsis
Exempting the governing bodies of common ownership communities that are not established in Prince George's County or Montgomery County and have six or fewer units or lots from reserve study requirements; and extending the deadline, from 3 to 5 fiscal years, following an initial reserve study that the governing body common ownership community has to attain a certain recommended annual reserve funding level.
Committees
Committee Testimony
Details
Bill File Type: Regular
Effective Date(s): October 1, 2024
History
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File Code
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Subjects
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Statutes
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(
5-6B-26.1 )
(
11-109.2, 11-109.4, 11B-112.2, 11B-112.3 )
Last Updated: 4/15/2024 2:59 PM