House Bill 920 Summary

• Modifies plat and plan requirements for condominiums, including specifications for Professional Land Surveyor certifications and compliance with board rules and technical standards.

• Establishes a default seven-year time limit (or until July 1, 2027, whichever is later) for exercising development rights, with ability for unit owners holding 67% of votes to approve extensions up to 10 years.

• Creates new judicial reformation process allowing unit owners' associations to seek court approval for correcting condominium instrument errors, ambiguities, and inconsistencies after making three good-faith attempts to convene member meetings.

• Allows executive board discretion to propose amendments for specific purposes including curing ambiguities, establishing marketable title, and complying with lending standards or disability accommodations, with ratification by unit owners at a meeting.

• Modifies meeting notice timelines from 10-50 days to 10-60 days, changes budget ratification timeline from 14-30 days to 10-60 days, and reduces executive board removal vote requirement from 67% to a simple majority of persons present at a meeting.