Requires condo associations to obtain and comply with reserve studies certified by an architect or engineer.
Creates a process for condominium associations to give notice to and obtain approval from unit mortgage holders for certain association actions.
Provides that the “meetings” requirements from § 34-36.1-3.08 be applicable to condominiums created before July 1, 1982, and would permit remote participation in condominium meetings.
Provides that the “meetings” requirements from § 34-36.1-3.08 be applicable to condominiums created before July 1, 1982, and would permit remote participation in condominium meetings.
Provides that the “meetings” requirements from § 34-36.1-3.08 be applicable to condominiums created before July 1, 1982, and would permit remote participation in condominium meetings.
Creates process for condominium associations to give notice to and obtain approval from unit mortgage holders for certain association actions by mailing a written request for approval to the unit mortgagees via regular and certified mail.
Creates process for condominium associations to give notice to and obtain approval from unit mortgage holders for certain association actions by mailing a written request for approval to the unit mortgagees via regular and certified mail.
References both the declaration and bylaws of a condominium association as possible sources of association insurance regulation for the condominiums and require additional insurance to protect unit owners, when necessary.
Provides that amendments to §§ 34-36.1-1.03 and 34-36.1-3.08 are applicable to condominiums created before July 1, 1982, provides a definition for the term “special assessment” and allows unit owners to participate in association meetings remotely.
Requires associations to provide unit owners within thirty (30) days notice of any increase in the deductible application to the association’s policy.