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HB 1186 IN

Homeowners association covenants.

IN · session 2024 · Assembly / House · bill

A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →

Introduced Jan 9, 2024

Latest action (Jan 9, 2024) First reading: referred to Committee on Financial Institutions

Summary

Requires the owner of a property to disclose in the disclosure form the following: (1) That the property is in a community governed by a homeowners association. (2) A copy of the recorded governing documents. (3) A statement indicating whether there are assessments and the amount of any assessments. (4) The name and business or home address of a board member, homeowners association agent, or other person who has a contract with the homeowners association to provide any management services for the homeowners association. Makes conforming changes.

Sponsor (1)

Action history (2)
  1. Jan 9, 2024 Authored by Representative Olthoff · lower
  2. Jan 9, 2024 First reading: referred to Committee on Financial Institutions · lower
Subjects
CIVIL LAW AND PROCEDURE; Contracts and Legal DocumentsPROPERTY; Homeowners Associations (HOAs)PROPERTY; Real EstateTAXES; Assessments, Notices, and Penalties

Text versions (1)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

  • Introduced House Bill (H) · PDF

Full text

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