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HI SB2483
Bill
AI Summary
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Clarifies that condominium association liens are subordinate only to real property taxes (not all taxes) imposed by governmental authority against a unit.
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Restores the term "other purchaser" to section 514B-146(g) to clarify that associations may assess unpaid common fees against any purchaser who acquires a delinquent unit through judicial or nonjudicial foreclosure.
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Requires condominium boards to fill vacancies only temporarily until the next annual meeting or a duly noticed special meeting, with the special meeting notice including election information and allowing sufficient time for owners to declare candidacy.
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Specifies that associations must provide notice to mortgagees or purchasers of their intent to claim a lien for special assessments on delinquent units prior to title transfer.
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Takes effect July 1, 2014.
Legislative Description
Condominium Association; Fiscal Matters; Unpaid Common Fees Assessments; Real Property Tax; Board Elections
Last Action
Became law without the Governor's signature, Act 235, 7/8/2014, (Gov. Msg. No. 1345).
7/8/2014