Bill Text - SB415 (2026)

Relative to a certain exemption in interest in condominium units.


Revision: Feb. 20, 2026, 9:14 a.m.

SB 415 - AS AMENDED BY THE SENATE

 

02/19/2026   0672s

2026 SESSION

26-2266

07/09

 

SENATE BILL 415

 

AN ACT relative to a certain exemption in interest in condominium units.  

 

SPONSORS: Sen. Perkins Kwoka, Dist 21; Sen. Watters, Dist 4; Sen. Long, Dist 20; Sen. Altschiller, Dist 24

 

COMMITTEE: Commerce

 

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AMENDED ANALYSIS

 

This bill expands the scope of the exemption from the condominium act governing offers or disposition of interests in  a condominium unit.  Currently, the exemption applies to condominiums with 10 or fewer units.

 

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

02/19/2026   0672s 26-2266

07/09

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Twenty-Six

 

AN ACT relative to a certain exemption in interest in condominium units.

 

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

 

1  Trade and Commerce; Condominium Act; Exemptions.  Amend RSA 356-B:49, I(a) to read as follows:  

(a) If not more than [10] 20 units are included in the condominium; provided, however, this exemption shall not apply to a condominium involving time sharing interests;

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