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SB 1520: Condominium Terminations

GENERAL BILL by Latvala

Condominium Terminations; Revising the default procedure for the optional termination of a condominium; requiring a plan of termination to be approved by at least 90 percent of the total voting interests of the condominium; revising the requirement on who must be paid fair market value for his or her unit after rejecting a plan of termination, etc.

Effective Date: 7/1/2017
Last Action: 3/15/2017 Senate - Introduced -SJ 199
Location: In committee/council (RI)
Bill Text: Web Page | PDF
Senate Committee References:
  1. Regulated Industries (RI)
  2. Judiciary (JU)
  3. Rules (RC)



Bill History

Date Chamber Action
3/2/2017 Senate • Filed
3/14/2017 Senate • Referred to Regulated Industries; Judiciary; Rules -SJ 199
3/15/2017 Senate • Introduced -SJ 199