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1 Condominium Act; Voting; Amendment of Condominium Instruments. Amend RSA 356-B:39, VI to read as follows:
VI. If more than 50 percent of the votes are acquired by a single person after developer control is terminated, a 2/3 majority shall be required to change bylaws, budgets, and any contracted property management .
2 Effective Date. This act shall take effect January 1, 2025.
Text to be added highlighted in green.
1 Condominium Act; Voting; Amendment of Condominium Instruments. Amend RSA 356-B:39, VI to read as follows:
VI. If more than 50 percent of the votes are acquired by a single person after developer control is terminated, a 2/3 majority shall be required to change bylaws, budgets, and any contracted property management ; provided that in no case shall more than a majority vote be required to amend bylaws, budgets, or other governing documents regarding the selection and siting of a utility service or installation .
2 Effective Date. This act shall take effect January 1, 2025.