SB326 Alabama 2017 Session

Summary

Primary Sponsor

Cam Ward

Republican

Session

Regular Session 2017

Title

Homeowners' Associations, formation as a nonprofit corporation, required, certain documents to be filed with Secretary of State, Secretary of State to implement a database of such filings, Secs. 35-20-1 to 35-20-14, inclusive, repealed

Description

This bill would create the Alabama Homeowners' Association Act to govern homeowners' associations responsible for the maintenance of common areas of a residential development and with the authority to levy assessments that are enforceable as liens against real property.

This bill would require that any association formed after January 1, 2018, to organize under the Alabama Nonprofit Corporation Act, including all duties, requirements, obligations, rights, and privileges under the act and would require the filing of certain association documents with the Secretary of State.

This bill would require the Secretary of State to implement and maintain an electronic database, organized by association name, accessible by the public through the Secretary of State's website which provides the capability to search and retrieve association filings.

This bill would authorize a homeowners' association to adopt and enforce reasonable rules regarding the use of the common areas.

This bill would provide that an association will have a lien on every lot for unpaid assessments levied against that lot provided that the lien is properly recorded and notice is afforded to the owner of the lot.

Show more Show less

Subjects

Property, Real and Personal