Relating To Condominiums.

Where it is in the process

Plain-English Summary

Allows small condominium associations with a building or buildings of no more than two stories to waive the requirement for the reserve study to be reviewed by an independent reserve study preparer if a majority of unit owners at a meeting approve the waiver and certain other requirements are met, but prohibits associations from waiving this requirement for consecutive three-year periods. Effective 7/1/3000. (SD1)

Source: OpenStates · fetched April 23, 2026

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