HB 2083 Summary

• Allows homeowners' association boards to increase annual assessments by up to 20 percent without member approval, unless community documents provide a lower or higher percentage limit.

• Requires assessment increases exceeding 20 percent (or the percentage specified in community documents) to be approved by 67 percent of each class of members voting at a duly held meeting.

• Establishes that late payment charges on assessments cannot exceed the greater of $15 or 10 percent of the unpaid assessment amount, with payment applied first to principal then interest.

• Requires associations to respond within 10 business days to member written responses to violation notices, providing specific information including the violated provision, violation date, names of observers, and the contest process.

• Prohibits associations from enforcing violation notices or collecting attorney fees until providing required information and giving members notice of their right to petition for an administrative hearing with the state real estate department.