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2010 SESSION

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HB 468 Common interest communities; exemptions from licensure, powers and duties.

Introduced by: Vivian E. Watts | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED HOUSE:

Common interest communities; exemptions from licensure; powers and duties of Common Interest Community Board. Provides that a resident who provides bookkeeping, billing, or record keeping services to his association for compensation is not required to be licensed as a common interest community manager provided the fidelity bond maintained by the association insures the association against losses resulting from theft or dishonesty committed by such person. The bill requires that of the three citizen members of the Common Interest Community Board, one such member must serve or have served on the governing board of an association that is not professionally managed at the time of appointment. The bill contains technical amendments.

SUMMARY AS INTRODUCED:

Common interest communities; exemptions from licensure; powers and duties of Common Interest Community Board.  Provides that a resident who provides bookkeeping, billing, or record keeping services to his association is not required to be licensed as a common interest community manager so long as any compensation paid to the resident does not exceed 0.2 percent of the annual gross assessment income of the association. The bill also provides that a person who provides management services without compensation is not required to be licensed as a common interest community manager. The bill requires that of the three citizen members of the Common Interest Community Board, one such member must serve or have served on the governing board of an association that is not professionally managed at the time of appointment, and the two remaining appointments must reside in a common interest community, at least one of whom resides in a common interest community that is not professionally managed at the time of appointment. The bill prohibits the Director from reviewing any notice of complaint from an association that made the final adverse decision, where the declaration of such association is in compliance with state or federal law. Lastly, the bill provides that the Director's review shall be limited to the written submissions provided by the complainant and the association. The bill contains technical amendments.