Bill > HB0086

This bill makes several amendments to Utah laws governing homeowners' associations (HOAs), focusing on record-keeping, legal actions, and administrative control. The key provisions include updating requirements for associations to maintain and provide documents to lot or unit owners, with specific changes such as increasing the hourly rate for document copying from $15 to $20, raising potential damages in legal disputes from $500 to $1,000, and modifying the language around how documents should be made available. The bill also adds new definitions, such as "development right," and clarifies rules about the period of administrative control for HOAs, including requiring declarants to use reasonable care in managing common areas and maintaining financial records. Additionally, the bill prevents declarants from using funds paid by lot owners to defend against legal actions brought by those owners during the period of declarant control. These changes aim to provide more transparency, accountability, and protection for HOA members by establishing clearer guidelines for document access, legal proceedings, and association management. The bill is set to take effect on May 7, 2025.