HB 107 –Reserve Studies and Funding Becomes Law! (MD)

/ Owner - June 16, 2022

The bill requires the governing body of certain cooperative housing corporations, condominiums, or homeowners associations to have a reserve study conducted of the common areas and update the study every fivey ears. It also imposes certainannual budget requirements related to cooperative housing corporation, condominium, or homeowners association     Read the entire article……………………………….

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