Restricts increases in monthly common expenses and limit special assessments to cover unforeseen costs not included in the condo association’s approved annual budget for common expenses where the minority of the units are deed-restricted units.
Introduced on 3/4/26
Summary
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From the Legislature
PROPERTY -- CONDOMINIUM LAW - Restricts increases in monthly common expenses and limit special assessments to cover unforeseen costs not included in the condo association’s approved annual budget for common expenses where the minority of the units are deed-restricted units.
Sponsors
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6
0
Democratic CaucusRepublican Caucus
Calendar
Apr 2
12:00 AM
Senate Housing and Municipal Government Hearing