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OK HB2800

Bill

Status

Engrossed

3/31/2025

Primary Sponsor

Thomas Marti

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Managing entities of real estate developments must retain recorded covenants, conditions, and restrictions and make them electronically accessible within 3 business days of request to property owners or parties in a home transaction

  • Owners associations must notify all homeowners via email or postal mail within 5 business days of adopting any updates to covenants, conditions, and restrictions

  • Individual fees assessed by owners associations or third-party management companies are capped at $175, and homeowners cannot be charged for property condition reports when selling; statements on dues and outstanding assessments must be provided within 5 business days for no more than $50

  • Fine schedules for covenant violations must be documented and can only be updated once per calendar year at an annual meeting

  • Settlement services providers must provide copies of recorded covenants and restrictions to buyers at closing for no more than $25, plus any county clerk costs for certified copies; bill takes effect immediately upon passage as an emergency measure

Legislative Description

Property; owners association; sale of real estate; notifications; disclosures; fees; restrictions; documentations; emergency.

Last Action

Second Reading referred to Judiciary

4/1/2025

Committee Referrals

Judiciary4/1/2025
Civil Judiciary2/4/2025
Judiciary and Public Safety Oversight2/4/2025

Full Bill Text

No bill text available