Legislation - HB1506

Title: Condominiums and Homeowners Associations - New Owner Fees - Limitations
Sponsored by: Delegate Ross
Status: In the House - Hearing 3/12 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Limiting the amount that a condominium or homeowners association may charge a new unit or lot owner, other than an initial unit or lot owner, as an initial capital contribution or similar fee paid by the new owner at closing to be not more than the amount of monthly assessments paid by an existing unit or lot owner at the time of the closing.

Committees

Original:: Economic Matters Click to view Recorded Media

Details

Bill File Type: Regular

Effective Date(s): October 1, 2026

History

Legislation History
Chamber House Calendar Date 2/13/2026 Legislative Date 2/13/2026 Action First Reading Economic Matters Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Condominiums and Homeowners Associations - New Owner Fees - Limitations Proceedings
Chamber House Calendar Date 2/17/2026 Legislative Date 2/17/2026 Action Hearing 3/12 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	2/13/2026	2/13/2026	First Reading Economic Matters
			Text - First - Condominiums and Homeowners Associations - New Owner Fees - Limitations
House	2/17/2026	2/17/2026	Hearing 3/12 at 1:00 p.m.

File Code

Subjects

Statutes