Legislative Fact Sheet - Common Interest Ownership Act (2008)

Act Common Interest Ownership Act (2008)
Origin Completed by the Uniform Law Commissioners in 2008.
Description This act contains provisions for the formation, management, and termination of any common interest community, including condominiums, planned communities, and real estate cooperatives. The act includes a 2014 amendment to Section 3-116 to clarify the lien priority rules after a series of conflicting court decisions.
Enactments Connecticut, Delaware, Vermont
2018 Introductions Washington
Staff Liaison(s) Benjamin Orzeske