RELATING TO CONDOMINIUMS.

Added new section 514B-151 requiring fines to be reasonable and establishing specific notice requirements including description of violations, specific rule citations, and appeal procedures within 30 days.

Modified Section 514B-104 to clarify that associations cannot charge attorneys' fees for fines until fines are deemed collectable.

Modified Section 514B-105 to establish payment priority: common expenses must be paid first before other charges like fines, late fees, or legal fees.

Added new dispute resolution procedures requiring written statements detailing assessment components and mediation options before collection of non-common expense charges.

Added special assessment provisions allowing associations to charge mortgagees or new purchasers for unpaid common expenses from delinquent units.

Added small claims court jurisdiction for determining fine validity and amount, with appeals to the board required before filing.

Modified Section 514B-146 to prevent foreclosure of liens that arise solely from fines, penalties, late fees, or legal fees, requiring court proceedings for such foreclosures.

Set effective date of July 1, 2050, which appears to be a placeholder or error given the 2025 legislative session.