S2692 — Requires condominium associations to conduct structural surveys and reserve studies, fund reserves at 15%, and plan for repairs.

S2692 — Requires condominium associations to conduct structural surveys and reserve studies, fund reserves at 15%, and plan for repairs. · Informed CitizenryThis legislation aims to strengthen the financial stability and safety of condominiums by mandating specific requirements for all association owners. Specifically, it requires condo associations to…Open in Informed Citizenry