Modifies requirements for associations to protect structural integrity of certain buildings; expands timeframes for associations to establish.
This bill amends a recent enactment, P.L.2023, c.214, which imposed various requirements upon associations responsible for the management and maintenance of the common elements and facilities of residential buildings within planned real estate developments. The bill modifies language from the recent enactment to address these issues and to limit applicability of P.L.2023, c.214 to residential buildings that are three stories or more in height.
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