NH HB1432

Requires condominium declarations to state whether commercial or business enterprises are permitted within the condominium

Mandates that costs for shared residential meter usage for septic systems and well pumps be charged back only to the residential units sharing each meter, split equally among those units

Allows residential-only condominium associations to request that public utilities, rural electric cooperatives, and municipal electric utilities charge residential electric rates for domestic septic and well pumps served by single-phase meters

Places no verification responsibility on utilities to confirm the condominium meets residential requirements or that meters serve only domestic purposes rather than commercial use

Takes effect 60 days after passage