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NY S01751
NY S01751Creates a residential condominium owner's bill of rights that includes the right to transparency, the right to timely decisions, voting rights, the right to notice, and the right against extraordinary expenses.
summary
Introduced
01/16/2019
01/16/2019
In Committee
01/08/2020
01/08/2020
Crossed Over
06/18/2019
06/18/2019
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
2019-2020 General Assembly
Bill Summary
Creates a residential condominium owner's bill of rights that includes the right to transparency, the right to timely decisions, voting rights, the right to notice, and the right against extraordinary expenses.
AI Summary
This bill creates a residential condominium owner's bill of rights that includes the right to transparency (such as access to financial statements and meeting minutes), the right to timely decisions on applications and requests, voting rights (including filling board vacancies and posting election results), the right to notice of board and owner meetings, and the right against extraordinary expenses (requiring owner approval for certain expenses). The bill also requires the Attorney General to promulgate a handbook summarizing these rights and the processes for unit owners to enforce them. The bill applies to condominium associations managing 3,500 or more units and gives existing associations one year to amend their organizational documents to comply with the new requirements.
Committee Categories
Housing and Urban Affairs, Justice
Sponsors (3)
Last Action
REFERRED TO JUDICIARY (on 01/08/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://assembly.state.ny.us/leg/?default_fld=&bn=S01751&term=2019&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y | 01/17/2019 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S01751&term=2019&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S01751 | 01/17/2019 |
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