Loading chat...

HI SB2483

Bill

Status

Introduced

1/19/2018

Primary Sponsor

Karl Rhoads

Click for details

Origin

Senate

2018 Regular Session

AI Summary

  • Establishes an alternative method for amending condominium declarations and bylaws when the traditional voting process proves difficult due to low owner response rates.

  • Allows amendments to be originated by a volunteer unit owners' group with a petition signed by at least 25% of unit owners or by the board of directors.

  • Requires the board to mail advance notice at least 30 days before a scheduled meeting that includes the proposed amendment, detailed rationale, and a proxy form with a specific voting option.

  • Amendment is approved if either 67% of unit owners present and voting at the meeting approve it, or a majority of all unit owners approve it, whichever threshold is greater.

  • If any notice requirements are not met or the amendment is modified, the approval threshold increases to 67% of all unit owners; quorum requirements for meetings cannot be amended using this alternative method.

Legislative Description

Relating To Condominium Governing Instruments.

Condominiums

Last Action

The committee on CPH deferred the measure.

2/23/2018

Committee Referrals

Commerce, Consumer Protection, and Health1/24/2018

Full Bill Text

No bill text available