HB05437

Connecticut HB05437 modifies the approval process for budgets and special assessments in common interest communities and enhances the availability of.

Connecticut HB05437 revises the approval process for budgets and special assessments in common interest communities. It requires an affirmative vote from a majority of all unit owners to approve a proposed budget or special assessment. The bill also mandates that the executive board provide a summary of the proposed budget or special assessment to all unit owners, setting a date for a meeting or vote by ballot.