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SB419: relative to votes by condominium unit owners.

Citation
2018 SB419
Official source

Bill details

Version history, amendments, and roll-call votes were not present in the imported local bill data.

Senate status
Laid on Table
Committee
Senate Commerce
Hearing
01/30/2018 at 02:00 PM
Selected version
Current official bill text

Sponsors

Topics

Commerce

Official links

SB 419 - AS INTRODUCED

2018 SESSION

18-2801

03/06

SENATE BILL 419

AN ACT relative to votes by condominium unit owners.

SPONSORS: Sen. Birdsell, Dist 19; Sen. Morse, Dist 22; Rep. LeBrun, Hills. 32; Rep. Biggie, Hills. 23; Rep. Webb, Rock. 6

COMMITTEE: Commerce

ANALYSIS

This bill modifies condominium association voting requirements when a minority of owners control a majority of votes.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

18-2801

03/06

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Eighteen

AN ACT relative to votes by condominium unit owners.

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

1 Unit Owners' Associations; Voting. Amend RSA 356-B:39, V to read as follows:

V. If 50 percent or more of the votes in the unit owners' association [appertain to] are held by 25 percent or less of [the] owners of units or members of the same family, whether those owners hold title individually or in a limited liability company or corporation or trust, then in any case where a majority vote or larger percentage vote is required by the condominium instruments or by this chapter, the requirement for such a majority or larger percentage shall be deemed to include, in addition to [the specified] a majority of [the] total votes in the association, the assent by [the unit owners of a like] a majority of [the] owners of units holding the minority interest.

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