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NC S376

Bill

Official Source

Status

Engrossed

5/4/2023

Primary Sponsor

Todd Johnson

Click for details

Origin

Senate

2023-2024 Session

AI Summary

  • Allows unit owners and lot owners to inspect and copy any contract between their homeowners association and a managing agent, with at least five business days' written notice required.

  • Applies to contracts authorizing managing agents to exercise powers granted to the association under G.S. 47C-3-102 (for unit owners' associations) and G.S. 47F-3-102 (for lot owners' associations).

  • Inspection and copying must occur at a reasonable time and location specified by the association.

  • Amends both G.S. 47C-3-118 and G.S. 47F-3-118 to add new subsection (a1) granting these inspection rights to association members.

  • Takes effect upon becoming law.

Legislative Description

Expanding Members' Access to HOA Records

Commerce; Consumer Protection; Contracts; Housing; Public; Records; Homeowners Associations

Last Action

Ref To Com On Rules, Calendar, and Operations of the House

5/4/2023

Committee Referrals

Rules, Calendar, and Operations of the House5/4/2023
Rules and Operations of the Senate5/2/2023
Judiciary4/6/2023
Rules and Operations of the Senate3/28/2023

Full Bill Text

No bill text available