Legislation
- Title
- Condominiums and Homeowners Associations - Contracts for Resale - Notice of Potential Special Assessments
- Sponsored by
- Senator Kelley
- Status
- In the Senate - Unfavorable Report by Judicial Proceedings
- Analysis
- Fiscal and Policy Note
Synopsis
Providing that a contract for the resale of a unit in a condominium by a unit owner other than a developer is not enforceable unless the contract contains a specified notice, and the unit owner furnishes to the purchaser specified information, concerning potential special assessments; and providing that a contract for the resale of a lot in a development subject to the authority of a homeowners association is not enforceable by the vendor unless the purchaser is given a specified notice concerning potential special assessments.
Committees
Details
History
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Documents
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Date Posted | Document Name |
---|---|
1/17/2013 | Text - First - Condominiums and Homeowners Associations - Contracts for Resale - Notice of Potential Special Assessments |
3/01/2013 | Vote - Senate - Committee - Judicial Proceedings |
File Code
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Subjects
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Statutes
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(
11-135, 11B-106 )
Last Updated: 2/3/2020 2:27 PM