Bill
Bill > HB2588
summary
Introduced
02/03/2025
02/03/2025
In Committee
03/03/2026
03/03/2026
Crossed Over
Passed
Dead
Introduced Session
2025 Regular Session
Bill Summary
An Act relating to owners associations; amending 60 O.S. 2021, Section 854, which relates to owners associations membership; requiring owners association board members to be record owners of property in the real estate development that the owners association governs; requiring owners association board members to physically reside in the real estate development that the owners association governs; and providing an effective date.
AI Summary
This bill amends existing Oklahoma law concerning owners associations, which are groups that manage common areas and enforce rules in real estate developments like subdivisions or condominiums. Specifically, it adds new requirements for individuals serving on the board of directors of an owners association once the original developer no longer controls it. The bill mandates that these board members must not only be current, recorded owners of property within the development they govern, but they must also physically reside in that same development. This change aims to ensure that those making decisions for the association have a direct stake and daily experience within the community they represent.
Committee Categories
Government Affairs
Sponsors (2)
Last Action
CR; Do Pass, amended by committee substitute Government Oversight Committee (on 03/03/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
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