Homeowners Associations - Reserve Funding, Meeting Notices, Voting, and Records

Summary

The bill amends Maryland law so that homeowners associations with at least 100 lots must post key documents, meeting minutes, and other records on a website, portal, or mobile app. It also obliges HOA boards to adopt a reserve‑funding plan, permits them to obtain loans or lines of credit for reserves, and requires electronic meeting notices and, in some cases, electronic voting. The changes aim to improve transparency and financial readiness for owners.

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

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