Senate Bill 2481 Summary

• Authorizes property owners in residential subdivisions without homeowners associations to establish or amend covenants, conditions, and restrictions (CC&Rs) through majority vote, with each platted property receiving one vote regardless of ownership structure.

• Requires property owners seeking to establish or amend CC&Rs to file a petition with the chancery court, which must include notice published once weekly for three consecutive weeks and posted at subdivision entrances at least 30 days before the hearing.

• Allows property owners in subdivisions governed by homeowners associations to establish or amend CC&Rs either through the HOA's governing documents (if unexpired) or by filing a majority-signed petition with the chancery court if no such process exists.

• Requires the chancellor to hear evidence and objections at the scheduled hearing and enter a decree if the petition is well taken, which must be filed with the chancery clerk and recorded in the county's official plat book.

• Exempts municipalities where Yacht Club Drive passes over Interstate 10 from Section 2 provisions and brings forward existing Mississippi Code sections 17-1-23, 19-5-10, 21-19-63, and 89-1-69 for reference, effective July 1, 2025.