Legislation - SB0446

Title: Condominiums - Property Insurance Deductibles - Unit Owner Responsibility
Sponsored by: Senator Beidle
Status: In the Senate - First Reading Judicial Proceedings
Analysis

Synopsis

Increasing, from $10,000 to $25,000, the maximum amount of the council of unit owners' property insurance deductible for which a unit owner is responsible if the cause of damage to or destruction of any portion of the condominium originates from the unit owner's unit.

Committees

Original:: Judicial Proceedings

Details

Cross-filed with: HB0449

Bill File Type: Regular

Effective Date(s): October 1, 2025

History

Legislation History
Chamber Senate Calendar Date 1/21/2025 Legislative Date 1/21/2025 Action First Reading Judicial Proceedings Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Condominiums - Property Insurance Deductibles - Unit Owner Responsibility Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/21/2025	1/21/2025	First Reading Judicial Proceedings
			Text - First - Condominiums - Property Insurance Deductibles - Unit Owner Responsibility

File Code

Subjects

Statutes