Plain English Breakdown
The official source material does not provide specific details on the timing of when new requirements must take effect after enactment.
Building Inspections for Condominiums
This law updates the requirements for condominium associations to inspect and report on exterior elevated elements in buildings with three or more attached units, ensuring that inspection reports include specific details and are made available to members and prospective buyers.
What This Bill Does
- Requires inspectors to provide a written report containing information about the total number of units in the project and certifying that they have inspected a statistically significant sample of exterior elevated elements.
- Applies these requirements to buildings with three or more attached multifamily dwelling units.
- Includes recent inspection reports as part of the documents required to be provided by owners selling their condo unit to prospective buyers.
- Adds inspector’s reports to the list of association records that must be available for member inspection and copying.
Who It Names or Affects
- Condominium association boards and inspectors who check building parts.
- Owners selling their units in condominium projects with three or more attached units.
- Prospective buyers looking at purchasing a unit in these buildings.
Terms To Know
- statistically significant sample
- A large enough group of items to be checked so that the results can accurately represent all similar items.
- association records
- Documents and information kept by a condominium association, including financial statements and inspection reports.
Limits and Unknowns
- The bill does not specify how long after enactment the new requirements must be in place.
- It is unclear if there are any penalties for failing to comply with these new rules.