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HB 968

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Condominiums and Homeowners Associations - Reserve Studies - Exemptions

Sponsor: William J. Wivell (District 2A)Committee: Environment and TransportationSubject: Real PropertyStatus: Hearing 3/01 at 1:00 p.m. (as of Nov 13, 2024)

What this bill does

Official synopsis

Exempting condominiums in which the council of unit owners votes to fund repairs to the common elements through a special assessment by an affirmative vote of 80% of certain unit owners and certain homeowners associations from provisions of law pertaining to reserve studies.

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Testimony (5)

MGA witness list
FAV 2FavorableFWA 1Favorable with amendmentsUNF 2Unfavorable
PositionWitnessOrganizationTestimony
FAVGraf, LorilobbyistMaryland Building Industry AssociationWritten (PDF)
FAVDelegate Wivell, Delegate WivelllegislatorIndividualOral
UNFStraughn, KarenConsumer Protection Division of the Office of the Attorney GeneralWritten (PDF)
UNFMay, LisalobbyistMaryland REALTORSOral + Written (PDF)
FWANipps, DorisCedar Hills Homes Association, IncWritten (PDF)

Organizations on record

Registered lobbyists who testified

FAVGraf, LoriMaryland Building Industry AssociationRegistered for: Maryland Building Industry Association
UNFMay, LisaMaryland REALTORSRegistered for: Maryland REALTORS; Maryland Association of Realtors