Bill Summary for S 376 (2023-2024)
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Summary date:
Mar 27 2023
Bill Information:
| View NCGA Bill Details | 2023-2024 Session |
AN ACT TO ALLOW MEMBERS OF UNIT OWNERS' ASSOCIATIONS AND LOT OWNERS' ASSOCIATIONS TO INSPECT AND COPY ANY CONTRACTS BETWEEN THEIR ASSOCIATION AND A MANAGING AGENT.Intro. by Johnson.
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Bill summary
Amends GS 47C-3-118 (pertaining to the North Carolina Condominium Act) and GS 47F-3-118 (pertaining to the North Carolina Planned Community Act) by requiring the association, upon written request, to give a unit or lot owner, respectively (or the owner's authorized agents), the contract(s) between the association (as defined) and the community association manger (as defined) related to the management of the association. Requires providing either a physical copy of the contract or allowing review of the contract in person.