Homeowners association matters.

Budget increases can now be approved without a quorum vote if the increase does not exceed 100% of the last budget, or 110% if the association's rules allow it.

Rules regarding the inspection of financial records and meeting minutes were clarified to ensure members can access these documents easily.

A new fee cap of $250 was established for homeowners associations charging for statements of unpaid assessments.

The document format changed from a draft 'Engrossed' bill to the official 'Enrolled' act, finalizing the text for publication in the statutes.

Added a requirement for sellers to provide specific disclosures to buyers about HOA status, governing documents, and assessment amounts at least 10 days before closing.

Established a cap on budget increases without a quorum, limiting them to the lesser of 105% of the last budget or the average 12-month housing CPI increase, effective within five years of a new sale.

Prohibited HOAs from charging more than $250 for statements of unpaid assessments.

Added protections preventing HOAs from banning amateur radio antennas or restricting Class I child care homes on single-family residences.

Updated the bill title and digest to reflect the engrossed version with new sponsors and a revised timeline of legislative actions.