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HI SB2483

Bill

Status

Passed

7/8/2014

Primary Sponsor

Rosalyn Baker

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Origin

Senate

2014 Regular Session

AI Summary

  • Clarifies that condominium association liens are subordinate only to real property taxes (not all taxes) imposed by governmental authority against a unit.

  • 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.

  • 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.

  • 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.

  • 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

Committee Referrals

Consumer Protection & Commerce4/14/2014
Judiciary3/21/2014
Consumer Protection & Commerce3/6/2014
Ways and Means2/6/2014
Commerce and Consumer Protection1/21/2014

Full Bill Text

No bill text available