HB1359 (2018) Compare Changes

The Bill Text indicates a new section is being inserted. This situation is not handled right now, and the new text is displayed in both the changed and unchanged versions.

Unchanged Version

Text to be removed highlighted in red.

1 New Paragraph; Condominium Act; Duty of the Boards of Directors; FHA-Aprroval Status. Amend RSA 356-B:40 by inserting after paragraph X the following new paragraph:

XI. The board or directors, or their managing agent or designee, shall annually provide to each unit owner a verification of the condominium's status and expiration date as a Federal Housing Administration (FHA) approved condominium project.

2 Effective Date. This act shall take effect 60 days after its passage.

Changed Version

Text to be added highlighted in green.

1 New Paragraph; Condominium Act; Duty of the Boards of Directors; FHA-Aprroval Status. Amend RSA 356-B:40 by inserting after paragraph X the following new paragraph:

XI. The board or directors, or their managing agent or designee, shall annually provide to each unit owner a verification of the condominium's status and expiration date as a Federal Housing Administration (FHA) approved condominium project.

2 Effective Date. This act shall take effect 60 days after its passage.