RI S2906

Creates a 16-member special legislative commission to study Rhode Island condominium law and recommend improvements to transparency, accountability, and affordability for unit owners and associations.

Commission membership includes 3 House members, 3 Senate members, representatives from the Executive Office of Housing, Community Housing Land Trust, League of Cities and Towns, Builders Association, plus experts in lending, insurance, condominium law, property management, and two condominium owners.

Study scope includes examining uniform acts from other states, identifying governance transparency challenges, addressing affordability constraints, reviewing best practices for purchaser education and conflict resolution, and considering available resources for affordability challenges.

Commission must report findings and recommendations to the General Assembly by December 31, 2027, and expires on March 15, 2028.

Members serve without compensation; Joint Committee on Legislative Services authorized to provide meeting quarters; all state departments required to furnish information as needed.