SB 348 (2015) -  Purchasers of Condominium Units

by Ring
Clarifying the voting process pertaining to reserves; adding conditions under which certain unit owners are entitled to elect at least a majority of the members of the board of administration of an association; revising the conditions under which certain grants, reservations, or contracts made by an association may be canceled; providing a directive to the Division of Law Revision and Information; limiting the rights of bulk-unit purchasers and lender-unit purchasers to vote on reserves or funding of reserves, etc.
Effective Date: 07/01/2016
Last Event: 05/01/15 S Died in Regulated Industries, companion bill(s) passed, see CS/CS/HB 791 (Ch. 2015-97) on Friday, May 1, 2015 11:59 PM

Referred Committees and Committee Actions

Senate Referrals

  • Regulated Industries
  • Appropriations Subcommittee on General Government
  • Fiscal Policy

Related Bills

Staff Analysis

(None Available)

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Died in Regulated Industries, companion bill(s) passed, see CS/CS/HB 791 (Ch. 2015-97) Time: 05/01/2015 - 11:59 PM Member: Committee: Regulated Industries Version: __
Event: S Introduced -SJ 54 Time: 03/03/2015 - 7:55 AM Member: Committee: Version: __
Event: S Referred to Regulated Industries; Appropriations Subcommittee on General Government; Fiscal Policy -SJ 54 Time: 01/22/2015 - 1:48 PM Member: Committee: Regulated Industries Version: __
Event: S Filed Time: 01/14/2015 - 11:05 AM Member: Committee: Version: __