Amendment S-5129 to SF 2448
Relating to residential real estate, including access to records of unit owners associations and the disclosure of home inspection information
Never voted on
Filed March 24, 2026 in the Senate by
In plain words
AI summary This amendment adds a requirement for associations to disclose a schedule of all fees related to transferring property ownership. It also specifies that associations can charge reasonable costs for creating and providing certain required certifications.1
What it changes
- Page 1, line 2, by striking “paragraph” and inserting “paragraphs”
- Page 1, by striking line 6 and inserting “any future dues, fees, or assessments which have been formally approved by a unit owners association for payment at a future date.”
- Page 1, before line 7 by inserting: “NEW PARAGRAPH . g. A schedule and disclosure of all fees related to the transfer of real property ownership within the common interest community.”
- Page 1, line 12, by striking “section” and inserting “section , including costs associated with developing and making available the certification required under subsection 1, paragraph “f””
- Page 1, line 13, by striking “documents” and inserting “documents , or the reasonable cost associated with developing and making available the certification required under subsection 1, paragraph “f””
- Page 1, by striking lines 16 and 17 and inserting “the fee charged.” -1- SF 2448.3627.H (1) 91 md 1/ 1