H0255: Condominium Associations

The bill

Provides that condominium association's turnover certificate & annual report must be maintained as part of association's official records; requires board of administration of condominium association to file with Division of Condominiums, Timeshares, & Mobile Homes turnover certificate within specified timeframe; requires turnover certificate to include certain information; requires division to maintain publicly accessible online database of turnover certificates, which must include specified information; requires division to create & maintain searchable electronic database of turnover certificates.