An Act relative to a special commission to study condominium law, the official text

	SECTION 1. There shall be a special commission established to study condominium law, relative to: owner’s rights, association and management responsibilities to owners, independent audits of accounts held for improvements, upgrades, and maintenance, oversight authority for the development of regulations by an appropriate state office or agency, and any other matters relevant to this subject. This special sub-committee shall meet and may hold hearings and invite testimony from experts and the public to help generate a report to the House and Senate no later than January 1, 2027 which shall proffer recommendations to establish future condominium regulations and statute. The committee shall consist of seven members, two each appointed by the Speaker of the House and the Senate President and three appointed by the Governor, one of whom shall be the Chair, and must include at least the following individuals:
	An attorney (1) who specializes in condominium law and whose client base is comprised mostly (over 51%) of condo unit owners, unit owner groups or aggrieved unit owners and whose client base is not comprised mostly of Property Management companies and/or condo Boards of Trustees.
	An individual condo unit owner who is not a member of their Board of Trustees
	A Certified Property Manager who possesses either the PCAM, CMCA and/or the AMS designation.
	Areas that shall be explored by the committee and for which subsequent recommendations should be developed include (but are not limited to):
	Board of Trustee meetings, including the procedures and elections thereto;
	Annual Meetings
	Unit Owner’s rights and enforcement
	Association and management responsibilities to owners
	Independent audits of accounts held for improvements, upgrades, and maintenance
	Distribution of information, documents and meeting minutes by the Management company or Board members, to unit owners
	How condo fees are determined and are increased
	Oversight authority for the development of regulations by an appropriate state office or agency
	Formal process to mediate/resolve Unit Owner and Board disputes
	Rules and Regulations, fees, fines and assessments
	Any other matters relevant to this subject.