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RSA 356-B:40-a · Managing Agent and Contractors; Disclosure of Fees; Qualifications

Title
XXXI: TRADE AND COMMERCE
Chapter
356-B · CONDOMINIUM ACT
Status
current
Official source linked
Yes
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356-B:40-a Managing Agent and Contractors; Disclosure of Fees; Qualifications. –

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I.

If the unit owners' association or the board of directors has delegated certain powers and duties to a managing agent, the managing agent shall disclose any referral fees received from contract work performed on behalf of the association to the board of directors prior to the next regularly scheduled board meeting, unless the terms of any referral fees are disclosed in the managing agent's contract with the unit owners' association, in which case disclosure of fees actually received shall not be required.

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II.

The managing agent also shall disclose to the board of directors the amount and purpose of any fees, other than maintenance fees, received from a unit owner, unless the terms of any such fees are disclosed in the managing agent's contract with the unit owners' association, in which case disclosure of fees actually received shall not be required.

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III.

Any contractor licensed by the state of New Hampshire who performs work for a unit owner shall disclose on the bill any referral fee paid by the contractor. Source. 2011, 96:1, eff. Jan. 1, 2012. 2016, 311:2, eff. Aug. 1, 2016.

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Source note

Source. 2011, 96:1, eff. Jan. 1, 2012. 2016, 311:2, eff. Aug. 1, 2016.

Source history

  • 2011, 96:1, eff. Jan. 1, 2012
  • 2016, 311:2, eff. Aug. 1, 2016

Related materials

Bill relationships

  • 2026 HB1432 amend

    ; Public Utility Rates; Condominium Charges. Amend RSA 378 by inserting after section 6 the following new section: 378:6-a Condominium Charges. A condominium association under RSA 356-B, which does not permit commercial or business enterprises, may request that the public utility charge the same electric rate as condominium residential units for domestic septic and well pumps served by a single-phase e

  • 2026 SB415 amend · effective 2027-11-01

    statement to be used in connection with the offer or disposition of any unit of the condominium. 5 New Subdivision; Commission to Study the New Hampshire Condominium Act. Amend RSA 356-B by inserting after section 70 the following new subdivision: Commission to Study the New Hampshire Condominium Act 356-B:71 Commission to Study the New Hampshire Condominium Act. I. There is established a commiss