SENATE BILL REPORT
HB 1092
BYRepresentatives Ebersole, May, Wang, Barnes, Pruitt, Walker and Winsley
Revising definition of condominiums to include parking stalls.
House Committe on Housing
Senate Committee on Judiciary
Senate Hearing Date(s):April 2, 1987
Majority Report: Do pass as amended.
Signed by Senators Talmadge, Chairman; Halsan, Vice Chairman; McCaslin, Moore, Nelson, Newhouse.
Senate Staff:Carolyn Mayer (786-7418)
April 2, 1987
AS REPORTED BY COMMITTEE ON JUDICIARY, APRIL 2, 1987
BACKGROUND:
The present Horizontal Property Regimes Act defines what constitutes an apartment in relation to condominiums. Places that are separately delineated for the storage or moorage of a boat or plane are considered apartments within that definition.
The present law does not specifically authorize the development of storage facilities for motor vehicles as apartments. As a result, some title insurance companies have been unwilling to issue a title insurance policy on condominium type parking facilities.
SUMMARY:
The Horizontal Property Regimes Act is amended to include storage facilities for motor vehicles in the definition of apartment.
SUMMARY OF PROPOSED SENATE AMENDMENT:
It is the intent of the Legislature to improve and modify the present law pertaining to condominiums by incorporating provisions of the Uniform Condominium Act. A statutory committee is created to review the Act, draft revisions, and report its recommendations to the Legislature.
Each unit in a condominium project must be described as to square footage and numbers of bathrooms, bedrooms, and fireplaces when the project declaration is filed in the auditor's office.
Fiscal Note: none requested
Senate Committee - Testified: No one