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RI S2702

Bill

Status

Introduced

2/27/2026

Primary Sponsor

Melissa Murray

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • Condominium associations may charge up to $125 for preparing and providing an initial resale certificate (electronic or physical version)

  • Updated resale certificates must be provided at a reduced fee of no more than $25

  • Associations must furnish resale certificates within 10 days of a unit owner's request, or face civil penalties of $100 to $500 per occurrence

  • Effective date: September 1, 2026

Legislative Description

Requires condominium associations to charge a reduced fee to update a condominium resale certificate after issuance of the initial certificate.

Property

Last Action

Introduced, referred to Senate Housing and Municipal Government

2/27/2026

Committee Referrals

Housing and Municipal Government2/27/2026

Full Bill Text

No bill text available