An act concerning court-ordered accountings of common interest community financial records and revising the disclosure requirements relating to common interest communities.
An Act Concerning Court-Ordered Accountings of Common Interest Community Financial Records and Revising the Disclosure Requirements Relating to Common Interest Communities.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
To (1) allow unit owners of common interest communities to petition the Superior Court for an accounting of such association's financial records, (2) revise the disclosure requirements relating to common interest communities, and (3) impose a cap on the fee imposed for the preparation and recordation of a lender questionnaire.
Bill text
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Document of record
- Version
- INS Joint Favorable Substitute
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Sponsors
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14 on record
Primary sponsor
Insurance and Real Estate Committee
Cosponsors
Cara Christine Pavalock-D'Amato
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