HB 1061: Condominiums

GENERAL BILL by Representative Carl 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: 2/21/2014 House - Filed

PLEASE CLICK HERE FOR ORIGINALLY FILED VERSION!


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SESSION 2014