SB 121
Revises provisions governing common-interest communities. (BDR 10-80)
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Sign in to take action- Introduced
- Passed Senate
- Passed Assembly
- To Governor
- Became Law
Bill overview
This bill makes changes to rules governing common-interest communities (like condos and HOAs). It prohibits associations from requiring owners to install landscaping sooner than 24 months after buying a unit, unless a thinner layer of rock is installed within 12 months. It also restricts associations from charging late fees or reporting past-due payments to credit reporting agencies, limits assessments for oil stains, and regulates parking restrictions and termination notices for management agreements. The bill aims to provide more flexibility and fairness for new homeowners in these communities.
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