AN ACT CONCERNING COURT-ORDERED ACCOUNTINGS OF COMMON INTEREST COMMUNITY FINANCIAL RECORDS AND REVISING THE DISCLOSURE REQUIREMENTS RELATING TO COMMON INTEREST COMMUNITIES.
SIGNED BY GOVERNOR
Summary
The law lets owners representing at least 20% of votes petition the Superior Court for an independent audit of their association’s books, adds a detailed property‑disclosure checklist for buyers, and caps the charge for a lender questionnaire at $100. It also clarifies what association boards may do and limits how they can punish owners who fall behind on fees. The changes take effect on October 1, 2026.
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