Expands DCA oversight over common interest communities; establishes trust fund, advisory council, and ombudsman office.
This bill enhances the Department of Community Affairs (DCA) regulatory powers over owner-controlled governing boards found within common interest communities; creates an Advisory Council on Common Interest Communities; establishes the Office of Ombudsman for Common Interest Communities; and creates Common Interest Community Homeowners’ Association Trust Fund. Additionally, this bill requires DCA to prepare and publish and distribute a booklet that serves a general guide to community associations.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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