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Bill Title: Condominium associations and homeowners associations. Requires the seller of a property that is subject to a homeowners association to make certain disclosures to the purchaser. Requires that a condominium declaration contain provisions allowing the co-owners to amend the declaration. Provides that the percentage of the votes required to amend a condominium's bylaws may not exceed 75%. Requires that the minutes of a condominium board's meetings be made available to a co-owner of the condominium for inspection upon request. Makes a provision under which a condominium's common areas can be conveyed or encumbered only with the votes of at least 95%

Spectrum: Slight Partisan Bill (Republican 5-2)

Status: (Passed) 2015-05-04 - Public Law 141 [HB1286 Detail]

Download: Indiana-2015-HB1286-Enrolled.pdf

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