Property Owners' Association Act; operation and management of assoc., condemnation of common area.
Continued from last session
Summary
The bill directs that courts must factor the physical traits of a property owners' association’s common area when deciding its highest and best use for compensation. It affects homeowners' associations and their members by aiming for more accurate payment when such land is taken or damaged. This change seeks to ensure fairer compensation in condemnation cases.
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