HB 1874 Summary

• Authorizes parties to condominium disputes to pursue voluntary binding arbitration supported by the condominium education trust fund, with a maximum fund contribution of $6,000 per arbitration and a $175 fee per party to the arbitrator.

• Requires parties to attempt evaluative mediation before accessing arbitration funds, and permits arbitration to include additional parties and issues only with mutual written consent from the unit owner or developer and the board.

• Expands mandatory mediation requirements to disputes between unit owners and boards, unit owners and managing agents, or board members and managing agents involving interpretation or enforcement of condominium declarations, bylaws, or house rules.

• Exempts disputes from mandatory mediation involving property damage or safety threats, assessments, personal injury claims, and matters affecting insurance coverage availability.

• Adds voluntary binding arbitration as an authorized use of the condominium education trust fund alongside existing educational and mediation purposes, effective January 2, 2019, and repealed June 30, 2023.