Loading chat...

CT SB01205

Bill

Official Source

Status

Introduced

3/17/2011

Primary Sponsor

Judiciary Committee

Click for details

Origin

Senate

2011 General Assembly

AI Summary

  • Prohibits foreclosure on a unit by a condominium or common interest community association unless the unit owner owes assessments that are at least three months past due or total at least $2,000
  • Adds requirement that associations must make a written demand for payment before commencing foreclosure
  • Requires the association's executive board to either vote specifically to foreclose against that unit or adopt a standard foreclosure policy
  • Effective October 1, 2011 for actions commenced on or after that date
  • Amends Connecticut General Statutes sections 47-77 and 47-258(m)

Legislative Description

An Act Concerning Foreclosure Actions Against Unit Owners In Condominiums Or Common Interest Communities For Overdue Assessments.

Last Action

Public Hearing 03/25

3/21/2011

Committee Referrals

Judiciary3/17/2011

Full Bill Text

No bill text available