HB 2655
An Act amending Title 68 (Real and Personal Property) of the Pennsylvania Consolidated Statutes, in creation, alteration and termination of condominiums, further providing for amendment of declaration; in creation, alteration and termination of cooperatives, further providing for amendment of declaration; and, in creation, alteration and termination of planned communities, further providing for amendment of declaration.
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill amends Pennsylvania’s laws governing condominiums, cooperatives, and planned communities. Specifically, it adjusts the voting thresholds required to amend the declarations for these property types. It clarifies the percentage of votes needed to approve amendments, potentially allowing for smaller majorities in certain circumstances, such as when all units are non-residential. The bill also updates the process for amending declarations within these communities.
Key provisions
- Increases the percentage of votes required for amendment of declarations in condominiums, cooperatives, and planned communities.
- Allows for a larger majority vote (beyond 67%) to be required for amendment if the declaration specifies.
- Permits a smaller percentage vote to be used if all units are restricted to non-residential use.
- Updates the voting requirements for amendments related to specific association actions (eminent domain, leasehold cooperatives, etc.).
- Clarifies that certain amendments can be executed by the executive board or proprietary lessees.
- Specifies that the declaration can outline a larger or smaller majority vote requirement.
Who is affected
- Condominium unit owners
- Cooperative unit owners
- Owners of properties in planned communities
- Homeowners Associations (HOAs)
- Developers of condominiums, cooperatives, and planned communities
Notable changes
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