5219 AMS PADD PRES 013

  

SB 5219 - S AMD 1169

By Senator Padden

Strike everything after the enacting clause and insert the following:

"NEW SECTION. Sec. 1. A new section is added to chapter 64.90 RCW to read as follows:

The legislative authority of a city or county may opt by ordinance or resolution to exempt condominiums with less than seven units and that have realized construction costs of three hundred fifty thousand dollars or less from the provisions of RCW 64.90.665 through 64.90.680. When a condominium is subject to a master association, all units of all common interest communities subject to the master association must be counted in determining whether the condominium has less than seven units."

SB 5219 S AMD

By Senator Padden

On page 1, line 1 of the title, after "warranties;" strike the remainder of the title and insert "and adding a new section to chapter 64.90 RCW."

EFFECT:   Authorizes the legislative authority of a city or county to adopt an ordinance or resolution exempting condominiums with less than seven units and that have construction costs of $350,000 or less from the warranty provisions of WUCIOA. Provides that when a condominium is subject to a master association, all units of all common interest communities subject to the master association must be counted in determining whether the condominium has less than seven units.

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