Bill Text - HB1224 (2024)

Relative to amendment of condominium instruments.


Revision: Oct. 23, 2023, 8:28 a.m.

 

2024 SESSION

24-2635.0

05/10

 

HOUSE BILL [bill number]

 

AN ACT relative to amendment of condominium instruments.

 

SPONSORS: [sponsors]

 

COMMITTEE: [committee]

 

─────────────────────────────────────────────────────────────────

 

ANALYSIS

 

This bill provides that not more than a simple majority shall be required to amend the condominium bylaws, budget, and any contracted property management.

 

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

 

Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

24-2635.0

05/10

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Twenty Four

 

AN ACT relative to amendment of condominium instruments.

 

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

 

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] In no event shall more than a simple majority be required to change bylaws, budgets, and any contracted property management.

2  Effective Date.  This act shall take effect January 1, 2025.