Increases the monetary amount a unit or lot owner may request if an association fails to properly make records available for examination; also, defines development right.
Bill prohibits declarant from using association funds in a legal action brought by a homeowner against declarant before the end of the period of administrative control.
Amends conditions for termination of administrative control for association of owners.
Requirements for declarant of an association of lot owners during period of control.
Legislative History
On Jan. 21, 2025, bill introduced in House; on Mar. 3, 2025, bill passed in the House.
On Mar. 4, 2025, bill introduced in the Senate; on Mar. 7, 2025, bill passed Senate.
Effectiveness
If enacted, bill takes effect on May 7, 2025.
Mar. 2025 UTA LEG Bill Approval
On Mar. 25, 2025, UTA LEG reported bill approval by governor, effective May 7, 2025.
Regulators
UTA LEG
Entity Types
Corp
Reference
Bill HB0086, 3/25/2025; Bill HB0086, 3/7/2025; Citation: *UTA LEG* 57-8, 57-8a;
