Bills › 88th General Assembly
Relating to the declaration and bylaws for residential condominiums, and including applicability provisions
Where it is now
- Done: IntroducedFebruary 17, 2020
- Stopped: SubcommitteeDied when the General Assembly ended
- Next: House committee
- Next: Passes the House
- Next: Senate committee
- Next: Passes the Senate
- Next: To the Governor
- Next: Signed into law
Died when the session ended The 2020 session adjourned on June 14, 2020, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?
What’s in it
AI summary New rules would require residential condominium developers to include specific language in their official documents that limits how much control they keep over the community in the long run. These requirements apply to all condominium declarations and bylaws recorded on or after July 1, 2020. This change affects developers and the people who live in these residential buildings.1
Read the official explanation
This bill relates to the declaration and bylaws recorded for residential condominiums. The bill requires that the declaration and bylaws recorded for residential condominiums contain certain language placing limitations on the residential condominium developer’s long-term control over the residential condominium. “Developer” is defined in the bill as a person or group of persons who as the record title owner of real estate establish a horizontal property regime, also known as residential condominiums, by declaration. The bill applies to all declarations and bylaws for residential condominiums, amendments to declarations and bylaws for residential condominiums, and modifications to declarations and bylaws for residential condominiums, that are recorded on or after July 1, 2020.