Plain English Breakdown
Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.
Modifies provisions relating to homeowners' associations
The following summaries of this bill are available: Print All Summaries Introduced Print SB 1313 - This act requires all homeowners' associations to hold an election every ten years for the renewal of the association.
What This Bill Does
- The following summaries of this bill are available: Print All Summaries Introduced Print SB 1313 - This act requires all homeowners' associations to hold an election every ten years for the renewal of the association.
- Such election shall require an 85% majority vote of all members of the association approving the renewal.
- Any association failing to receive such approval shall be immediately dissolved and the member homeowners shall not be subject to any other association for a period of ten years unless approved by 85% of such homeowners.
- Any homeowners' association in existence for at least ten years as of August 28, 2026, shall hold the election required by the act by no later than December 31, 2026.
Limits and Unknowns
- This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.