Real Property - Condominiums and Homeowners Associations - Governing Bodies and Annual Meetings

HB 295 requires condominium and homeowners association (HOA) governing bodies to allow unit owners to comment during meetings, including at least one annual meeting with an open agenda. It mandates developers to appoint board members for condominiums and declarants to appoint governing bodies for HOAs if none exist, and requires these entities to maintain specific records and deliver bond notices. The bill directly affects unit owners (who gain comment rights), developers, and HOAs (who must comply with new appointment and record-keeping rules). Key mechanisms include standardized meeting notice requirements, mandatory annual open-comment meetings, and updated governance procedures for associations. These changes apply to all affected Maryland condominiums and HOAs under revised sections of the Real Property law.