HB 1061: Condominiums
GENERAL BILL by Zimmermann
Condominiums; Provides requirements for assessments against bulk owner; provides that rejection of plan results in failure of termination of condominium; provides requirements for unit owners facing optional termination who do not want to relinquish their property; defines "fair market value"; authorizes bulk owner or successor developer to vote to terminate condominium under certain conditions.
Effective Date: 7/1/2014
Last Action: 5/2/2014 House - Died in Civil Justice Subcommittee
Bill Text: PDF
Last Action: 5/2/2014 House - Died in Civil Justice Subcommittee
Bill Text: PDF
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Bill History
Date Chamber Action 2/21/2014 House • Filed
3/4/2014 House • Introduced -HJ 90
3/5/2014 House • Referred to Civil Justice Subcommittee; Business and Professional Regulation Subcommittee; Judiciary Committee -HJ 203
5/2/2014 House • Died in Civil Justice Subcommittee
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HB 1061, Original Filed Version (Current Bill Version) Posted 2/21/2014 at 3:02 PM
Bill Text: PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 1546 Condominiums Latvala Compare Last Action: 5/2/2014 S Died in Regulated Industries
Location: In committee/council (RI)
Citations - Statutes (2)
Citation Catchline Location in Bill Location In Bill Help 718.116 Assessments; liability; lien and priority; interest; collection. Page 1 (pdf) 718.117 Termination of condominium. Page 1 (pdf)