HB 1824: CONDOMINIUM ASSOCIATIONS; RESERVE STUDY; WAIVER; SMALL ASSOCIATIONS
- Session Year: 2025-2026
- House: House
- Latest Version Date: 2026-04-08
Current Status:
In Progress
(2026-04-23: Received notice of Senate conferees (Sen. Com. No. 725).)
Introduced
In Committee
First Chamber
In Committee
Second Chamber
Final Decking
Enacted
Version:
Allows small condominium associations with a building or buildings of no more than two stories to waive the requirement for the reserve study to be reviewed by an independent reserve study preparer if a majority of unit owners at a meeting approve the waiver and certain other requirements are met, but prohibits associations from waiving this requirement for consecutive three-year periods. Effective 7/1/3000. (SD1)
Discussed in Hearing
4MINMar 24, 2026
Senate Standing Committee on Commerce and Consumer Protection
5MINMar 4, 2026
House Standing Committee on Consumer Protection & Commerce
41SECMar 4, 2026