Bill
Bill > H0642
ID H0642
ID H0642Amends and adds to existing law to provide for statements of account and disclosure of fees.
summary
Introduced
02/27/2018
02/27/2018
In Committee
03/08/2018
03/08/2018
Crossed Over
03/05/2018
03/05/2018
Passed
Dead
Signed/Enacted/Adopted
03/22/2018
03/22/2018
Introduced Session
2018 Regular Session
Bill Summary
HOMEOWNER'S ASSOCIATIONS AND CONDOMINIUMS -- Amends and adds to existing law to provide for statements of account and disclosure of fees.
AI Summary
This bill amends and adds to existing law to provide for statements of account and disclosure of fees for homeowner's associations and condominium management bodies. Specifically, it requires homeowner's associations and management bodies to provide property/unit owners with a statement of their account within 5 business days of a request, including details on annual charges, due dates, and any unpaid assessments. It also mandates that these entities disclose any fees that will be charged to owners in connection with a transfer of ownership, and limits the fees that can be charged to the disclosed amounts. The bill also makes some minor changes to the required contents of condominium association bylaws.
Committee Categories
Business and Industry, Government Affairs
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Ways and Means Committee (House)
Last Action
Reported Signed by Governor on March 22, 2018 Session Law Chapter 205 Effective: 07/01/2018 (on 03/22/2018)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://legislature.idaho.gov/sessioninfo/2018/legislation/H0642/ |
| BillText | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2018/legislation/H0642.pdf |
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