HB817

Louisiana HB817 establishes the Louisiana Homeowner Bill of Rights to protect homeowners in planned communities.

Louisiana HB817 establishes the Louisiana Homeowner Bill of Rights to safeguard homeowners in planned communities. The bill applies to all homeowners associations, regardless of creation date, unless exempt. It mandates associations to hold annual meetings, establish an online portal for documents, and provide members with governing documents and financial records. The bill also requires associations to publish annual budgets, detailing expenses, and send updates to members. It limits fines, prohibits certain liens, and mandates developer liability for initial development obligations.