Passed BothConf. Cmte
- Real Property - Condominiums and Homeowners Associations - Reserve Studies - Annual Budgets
- Sponsored by
- Delegate Holmes
- In the Senate - Hearing 3/21 at 1:00 p.m.
- Fiscal and Policy Note (Revised)
Requiring the governing body of specified condominiums to have a reserve study conducted of the common elements of the condominium by a specified date and at specified intervals; requiring the reserve study to meet specified criteria; altering the content of the annual budget of specified homeowners associations; requiring the governing body of specified homeowners associations to have a reserve study conducted of the common areas of the homeowners association by a specified date and at specified intervals; etc.
Bill File Type: Regular
Effective Date(s): October 1, 2017
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( 11-109.2, 11-109.4, 11B-112.2, 11B-112.3 )
Last Updated: 2/3/2020 2:30 PM