HI SB2060

Creates a new voluntary binding arbitration process for condominium disputes, allowing parties to pursue arbitration after attempting evaluative mediation, with support from the condominium education trust fund up to $6,000 total and requiring a $175 fee per party.

Expands the condominium education trust fund to support voluntary binding arbitration in addition to its existing uses for education, research, and mediation of condominium-related disputes.

Restructures mandatory mediation requirements to apply when disputes involve interpretation or enforcement of association declaration, bylaws, or house rules, and exclude mediation for disputes involving property damage, health and safety issues, assessments, personal injury claims, or insurance coverage matters.

Requires evaluative mediation (rather than facilitative mediation) when one party requests it in writing, and allows circuit court to compel mediation if parties fail to agree on a mediator and date within 45 days of a written request.

Specifies that mediated disputes supported by the education trust fund may include additional issues and parties with mutual written consent, and caps fund support at $3,000 per mediation with a $375 per-party mediator fee; sunsets July 1, 2020.