HB4618

HB4618 enhances transparency in common interest communities by mandating record accessibility and meeting openness.

HB4618, the Common Interest Community Transparency Act, aims to improve transparency in common interest communities. It requires boards to maintain and provide access to various records, including financial statements, meeting minutes, and contracts, to unit owners. The act prohibits boards from charging fees for electronic records and mandates that meetings be open to unit owners, with provisions for video conferencing for absentee owners. It also restricts the types of records that can be withheld, such as those involving litigation or personnel matters.