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Two condominium bills seek clearer election rules and mandatory unit-owner insurance
Summary
Delegates discussed House Bill 15-34 (election procedures for common ownership communities) and House Bill 15-41 (requiring HO-6 insurance for condominium unit owners). Sponsors said the measures aim to improve election integrity and protect associations and owners from high master-policy deductibles.
Delegate Vanessa E. Holmes (presenting HB 15-34 and HB 15-41) asked the committee to consider two measures addressing condominium governance and insurance. The first, HB 15-34, sets minimum standards for elections in common-ownership communities (condominiums, cooperatives and homeowners associations) and permits a governing body to retain a…
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