homeowners' associations; property covenants; disclosures

Summary

The bill tightens rules on private covenants in homeowners' associations, making them unenforceable if they are arbitrary, spiteful, or violate constitutional rights, and it gives owners the right to challenge them in court. It also obligates condo associations to provide buyers with comprehensive documents and financial information within ten days of a sale notice. These changes aim to protect property owners from abusive restrictions and increase transparency in condominium transactions.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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