CONDOS-SALE OF PROPERTY
Summary
Amends the Condominium Property Act. Provides that any unit owner who does not vote in favor of the sale of property has 30 days after the date of the meeting at which a sale was approved to file a written objection to the sale to the manager or board of managers. Provides that if there are any remaining reserve funds left over from the sale of the property, such reserve funds shall be returned in proportion to the unit owner's interest in the property prior to deconversion.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2023
Committee Review
Floor Vote
Governor
Introduced Feb 15, 2023
Last action Mar 10, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
11
Key actions
1
Committee
4
Mar 10, 2023
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 8, 2023
Lower · Passed
To Commercial & Property Subcommittee
lower
Feb 28, 2023
Committee
Assigned to Judiciary - Civil Committee
lower
Feb 15, 2023
Committee
Referred to Rules Committee
lower
1 primary · 4 co-sponsors
Sponsors
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