Condominium Associations; Reserve Study; Waiver; Small Associations
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
Allows small condominium associations with a building or buildings of no more than two stories to waive the requirement for the reserve study to be reviewed by an independent reserve study preparer if a majority of unit owners at a meeting approve the waiver and certain other requirements are met, but prohibits associations from waiving this requirement for consecutive three-year periods. (CD1)
Bill text
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Document of record
- Version
- HB1824 .PDF file
- Published
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Sponsors
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1 on record
Primary sponsor
Andrew Takuya Garrett
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