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Neutral Bill Mar 16, 2026

Common Ownership Communities - Time to Attain Reserve Funding Level - Extension

Extending from 3 to 5 fiscal years the time in which the governing body of a cooperative housing corporation, condominium, or homeowners association is required to attain a certain recommended annual reserve funding level following an initial reserve study.

https://legiscan.com/MD/bill/HB1215/2025
Wayne Hartman Delegate
Condominiums Real Property Budgets Homeowners Associations Time studies Corporations and Associations Building Maintenance and Repair
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