Bill Text - HB1307 (2016)

Relative to the procedure for amendment of condominium instruments.


Revision: March 8, 2016, midnight

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HB 1307 - AS INTRODUCED

 

2016 SESSION

\t16-2336

\t05/10

 

HOUSE BILL\t1307

 

AN ACT\trelative to the procedure for amendment of condominium instruments.

 

SPONSORS:\tRep. Lachance, Hills. 8; Rep. Gallagher, Belk. 4; Rep. Potucek, Rock. 6; Rep. Avellani, Carr. 5

 

COMMITTEE:\tCommerce and Consumer Affairs

 

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ANALYSIS

 

This bill provides that if amendment of the condominium instruments requires approval of a condominium unit mortgagee, an affidavit from the president of the association, attesting to the notice provided to the mortgagee, shall be sufficient.

 

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Explanation:\tMatter added to current law appears in bold italics.

\t\tMatter removed from current law appears [in brackets and struckthrough.]

\t\tMatter which is either (a) all new or (b) repealed and reenacted appears in regular type.

\t16-2336

\t05/10

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Sixteen

 

AN ACT\trelative to the procedure for amendment of condominium instruments.

 

Be it Enacted by the Senate and House of Representatives in General Court convened:

 

\t1  New Paragraph; Amendment of Condominium Instruments.  Amend RSA 356-B:34 by inserting after paragraph II the following new paragraph:

\t\tII-a.  Notwithstanding paragraph II, any amendment to the condominium instruments requiring approval of mortgagees on units may be satisfied by the recording of an affidavit by the president of the association that written request for such approval was sent to the last known address of any mortgagee and that the mortgagee failed to respond within 60 days.

\t2  Effective Date.  This act shall take effect January 1, 2017.

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