Bill
Bill > SB5727
summary
Introduced
02/08/2023
02/08/2023
In Committee
02/08/2023
02/08/2023
Crossed Over
Passed
Dead
04/12/2024
04/12/2024
Introduced Session
2023-2024 Regular Session
Bill Summary
AN ACT Relating to providing protections for consumers engaging 2 with common interest communities; amending RCW 64.06.015, 64.06.030, 3 64.06.040, 64.32.170, 64.32.200, 64.34.304, 64.34.364, 64.34.372, 4 64.34.420, 64.34.425, 64.38.045, 64.38.100, 64.90.485, 64.90.495, 5 64.90.635, and 64.90.640; reenacting and amending RCW 7.60.025, 6 64.06.020, 64.32.010, 64.34.020, and 64.38.010; adding a new section 7 to chapter 64.32 RCW; adding a new section to chapter 64.34 RCW; 8 adding a new section to chapter 64.38 RCW; adding a new section to 9 chapter 64.90 RCW; prescribing penalties; and providing an effective 10 date. 11
AI Summary
This bill provides protections for consumers engaging with common interest communities. Key provisions include:
- Requiring associations to maintain detailed records and make them available for inspection and copying by owners, with some exceptions.
- Enhancing disclosure requirements for sellers of condominium units, including requiring sellers to provide certain information to buyers before mutual acceptance of a purchase agreement.
- Restricting associations' ability to foreclose on units for unpaid assessments, including requiring notice to owners and approval by the board.
- Authorizing the Attorney General to issue cease and desist orders and pursue enforcement actions against associations that violate the law, including through the Consumer Protection Act.
- Making various other changes to the laws governing condominiums, cooperatives, and homeowners' associations to provide more transparency and protections for owners.
Committee Categories
Justice
Sponsors (1)
Last Action
By resolution, reintroduced and retained in present status. (on 01/08/2024)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://app.leg.wa.gov/billsummary?BillNumber=5727&Year=2023&Initiative=false |
| Fiscal Note - 5727 SB (Final) | https://fnspublic.ofm.wa.gov/FNSPublicSearch/GetPDF?packageID=67216 |
| Senate Bill Report | https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bill%20Reports/Senate/5727%20SBR%20LAW%20TA%2023.pdf |
| Senate Bill Report (Orig.) | https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bill%20Reports/Senate/5727%20SBA%20LAW%2023.pdf |
| BillText | https://lawfilesext.leg.wa.gov/biennium/2023-24/Pdf/Bills/Senate%20Bills/5727.pdf |
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