Condominiums and Homeowners Associations - Resale Contracts - Notice Requirements (Keeping Affordable Housing Affordable Act)
Second Reading Passed (Senate)
Summary
The bill would make resale contracts for condominiums and homeowners association units enforceable only if sellers provide a comprehensive package of documents and disclosures within 20 days of signing, and if they notify buyers of any mandatory fee increase over 10%. It also caps the fees HOAs can charge for supplying the required information and gives buyers a short cancellation window if disclosures are late or changed. The measure aims to keep affordable housing costs transparent for buyers.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Ask about HB 1132
3 free questions a day, no accountHearings
- Judicial Proceedings — Bill HearingJudicial Proceedings · Apr 3, 2026
- Senate Judicial Proceedings CommitteeSenate Judicial Proceedings Committee · Apr 3, 2026
- Economic Matters — Bill HearingEconomic Matters · Mar 5, 2026
History
- Second Reading Passed
- Favorable Report by Judicial Proceedings
- Favorable Adopted
- Hearing 4/03 at 1:00 p.m.
- Referred Judicial Proceedings
- Third Reading Passed
- Second Reading Passed with Amendments
- Favorable with Amendments Report by Economic Matters
- Favorable with Amendments {
- Hearing canceled
- Hearing 3/05 at 1:30 p.m.
- Hearing 3/05 at 1:00 p.m.
The 12 most recent of 13 recorded actions.
Sponsors
- Terrasa · sponsor
- Lehman
- Ruth
- Ziegler
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