FINAL BILL REPORT
SHB 2567
This analysis was prepared by non-partisan legislative staff for the use of legislative members in their deliberations. This analysis is not a part of the legislation nor does it constitute a statement of legislative intent. |
C 20 L 14
Synopsis as Enacted
Brief Description: Concerning the approval of minutes from meetings of homeowners' associations.
Sponsors: House Committee on Judiciary (originally sponsored by Representatives Zeiger, Morrell, Rodne and Jinkins).
House Committee on Judiciary
Senate Committee on Financial Institutions, Housing & Insurance
Background:
A homeowners' association (HOA) is a legal entity with membership comprised of the owners of residential real property located within a development or other specified area. An HOA typically arises from restrictive covenants recorded by a developer against property in a subdivision. In general, the purpose of an HOA is to manage and maintain common areas and structures, review designs, and maintain architectural control.
A board of directors, elected by the members, manages the HOA. An annual meeting must be held each year, and special meetings may be called.
Summary:
An HOA must make meeting minutes available to owners of record for examination and copying not more than 60 days after a meeting. Minutes of the previous HOA meeting must be approved at the next meeting in accordance with the HOA's governing documents.
Votes on Final Passage:
House | 97 | 0 | |
Senate | 49 | 0 |
Effective: | June 12, 2014 |