HB574 Alabama 2019 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2019
Title
Condominiums and attached housing, property insurance at 150 percent of actual value required and liability insurance covering common areas, required
Description
<p class="bill_description"> This bill would require owners of
condominiums or attached housing to carry property
insurance in an amount of not less than 150 percent
of the value of the property and to carry liability
insurance on any common element of housing</p><p class="bill_description">
This bill would authorize the owner of a
building attached to another building the right to
inspect the adjoining building in the event of
water damage, water seepage, or the presence of
mold affecting a common wall or structure</p><p class="bill_entitled_an_act"> Relating to attached buildings; to require owners of
condominiums or attached housing to carry property insurance
in an amount of not less than 150 percent of the value of the
property and to carry liability insurance on any common
element of housing; and to authorize the owner of a building
attached to another building the right to inspect the
adjoining building in the event of water damage, water
seepage, or the presence of mold affecting a common wall or
structure.
</p>
Subjects
Insurance
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 7, 2019 | H | Read for the first time and referred to the House of Representatives committee on State Government |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB574 Alabama 2019 Session - Introduced |