H7851 — Requires condominium associations to conduct structural surveys and reserve studies, fund reserves at 15%, and plan for repairs.

H7851 — Requires condominium associations to conduct structural surveys and reserve studies, fund reserves at 15%, and plan for repairs. · Informed CitizenryThis legislation aims to enhance the safety and financial stability of residential condominiums by establishing new requirements for their governing associations. Specifically, it mandates that con…Open in Informed Citizenry