House passes bill letting condo/HOA owners seek court‑ordered audits of association books
HB 5265 allows groups of unit owners to petition Superior Court for an independent audit of a common interest community’s financial records and expands disclosures a seller must provide for multi‑unit communities.
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The House passed a substitute for House Bill 5265 after floor debate that sponsors said increases transparency for owners of common‑interest communities, such as condominiums and homeowners associations.
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