[ Blog/News ]
The Washington State Legislative Action Committee for CAI (LAC) has announced that Senate Bill Senate Bill (SB) 5263 – the Washington State Uniform Common Interest Ownership Act – was filed on January 16, 2015, and referred to the Financial Institutions & Insurance Committee. The sponsors are Senators Pedersen, Benton, Mullet, Fraser, Roach, Hobbs, Rivers, and Fain.
You can find a copy of the bill at: http://app.leg.wa.gov/billinfo/summary.aspx?bill=5263&year=2015
The bill introduces a number of changes to how condominium and homeowner associations, cooperatives, and other types of common interest communities will operate.
By Brian P. McLean & Jim Talaga