Text to be removed highlighted in red.
1 Condominium Instruments; Amendment of Instruments. Amend RSA 356-B:34, II to read as follows:
II. If there is any unit owner other than the declarant, then the condominium instruments shall be amended only by agreement of unit owners of units to which 2/3 of the votes in the unit owners' association appertain, or such larger majority as the condominium instruments may specify, except in cases for which this chapter provides different methods of amendment. The procedures established in RSA 356-B:54, V shall be followed for amendments to extend the time limits for conversion, expansion, or contraction of a condominium.
2 Condominium Act; Adoption of Special Assessments. Amend RSA 356-B:40-c, II to read as follows:
II. The board of directors, at any time, may propose a special assessment. Except as otherwise provided in paragraph III, the assessment is effective only if the board of directors follows the procedures for ratification of a budget described in paragraph I and the unit owners do not reject the proposed assessment.
3 Effective Date. This act shall take effect 60 days after its passage.
Text to be added highlighted in green.
1 Condominium Instruments; Amendment of Instruments. Amend RSA 356-B:34, II to read as follows:
II. If there is any unit owner other than the declarant, then the condominium instruments shall be amended only by agreement of unit owners of units to which 2/3 of the votes in the unit owners' association appertain, or such larger majority as the condominium instruments may specify, except in cases for which this chapter provides different methods of amendment. The procedures established in RSA 356-B:54, V shall be followed for amendments to extend the time limits for conversion, expansion, or contraction of a condominium. Notwithstanding the foregoing, condominium fees shall be amended only by agreement of unit owners of units to which a majority of the votes in the unit owners ' association appertain.
2 Condominium Act; Adoption of Special Assessments. Amend RSA 356-B:40-c, II to read as follows:
II. The board of directors, at any time, may propose a special assessment.
3 Effective Date. This act shall take effect 60 days after its passage.