356-B:70 Committee to Study the Laws Relating to Condominium and Homeowners' Associations. –
I. There is established a committee to study laws relating to condominium and homeowners' associations.
II. The members of the committee shall be as follows:
(a) Three members of the house of representatives, appointed by the speaker of the house of representatives.
(b) One member of the senate, appointed by the president of the senate.
III. Members of the committee shall receive mileage at the legislative rate when attending to the duties of the committee.
IV. The committee shall:
(a) Study laws relevant to condominium and other homeowners' associations, and the rules and regulations adopted thereunder, to assess their scope and application and whether revision or amendment is necessary.
(b) Study the registration of subdivisions under the land sales full disclosure act, RSA 356-A, and condominiums under the condominium act, RSA 356-B, with the department of justice.
(c) Evaluate the need to distinguish smaller and larger associations in the statutes and to differentiate between condominium associations and homeowners' associations.
(d) Study model laws for possible improvement to New Hampshire laws.
(e) Recommend statutory changes.
(f) Solicit information and testimony from the Community Associations Institute and others with expertise or information relevant to the committee's study.
V. The members of the committee shall elect a chairperson from among the members. The first meeting of the committee shall be called by the first-named house member. The first meeting of the committee shall be held within 45 days of the effective date of this section. Three members of the committee shall constitute a quorum.
VI. The committee shall submit an annual report of its findings and any recommendations for proposed legislation to the speaker of the house of representatives, the president of the senate, the house clerk, the senate clerk, the governor, and the state library on or before November 1, 2010 and each November 1 thereafter.
Source. 2010, 322:1, eff. July 20, 2010. 2011, 156:2, eff. June 8, 2011.