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HI HB581
Bill
Status
1/24/2011
Primary Sponsor
Sharon Har
Click for details
AI Summary
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Requires condominium associations and property managers to make association documents available to owners and their respective agents during normal business hours.
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Establishes a standardized fee structure for hard copies of documents: the greater of twenty cents per page or the Internal Revenue Service's Freedom of Information Act copying rate for commercial requesters.
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Permits property management companies to provide documents in electronic form through a website if available and accessible to unit owners.
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Applies requirements to condominium declarations, bylaws, house rules, master leases, conveyance documents, public reports, financial statements, board meeting minutes (excluding executive sessions), and annual operating budgets.
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Takes effect on July 1, 2011.
Legislative Description
Condominiums; Residential Real Property; Planned Community
Last Action
(H) Passed Second Reading as amended in HD 1 and referred to the committee(s) on CPC with none voting no (0) and Carroll, Herkes, McKelvey excused (3).
2/18/2011