Judiciary I - Civil Law Committee
Filed: 3/12/2008
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1 | AMENDMENT TO HOUSE BILL 5189
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2 | AMENDMENT NO. ______. Amend House Bill 5189, on page 33, by | ||||||
3 | replacing lines 21 through 25 with the following:
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4 | "covenants, rules, regulations or bylaws. However, nothing in | ||||||
5 | this Act or the declarations, bylaws, rules and regulations of | ||||||
6 | an association that currently permits leasing or of an | ||||||
7 | association incorporated after the effective date of this | ||||||
8 | amendatory Act of the 95th General Assembly, shall prohibit the | ||||||
9 | unit owners from leasing up to 20% of the units, as long as the | ||||||
10 | unit owners otherwise comply with the provisions of this Act. "; | ||||||
11 | and | ||||||
12 | on page 37, by replacing lines 17 through 21 with the | ||||||
13 | following: | ||||||
14 | "to the front-door area of a condominium unit. However, for | ||||||
15 | associations incorporated after the effective date of this |
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1 | amendatory Act of the 95th General Assembly, and for | ||||||
2 | associations that currently permit leasing, no declarations, | ||||||
3 | by-laws, rules or regulations, or other condominium | ||||||
4 | instruments shall prohibit the unit owners from leasing up to | ||||||
5 | 20% of the total units, as long as the unit owners otherwise | ||||||
6 | comply with the provisions of this Act. "; and | ||||||
7 | on page 41, by replacing lines 4 through 11 with the following: | ||||||
8 | " (a) For a common interest community or homeowners' | ||||||
9 | association incorporated after the effective date of this | ||||||
10 | amendatory Act of the 95th General Assembly, and for a common | ||||||
11 | interest community or homeowners' association that currently | ||||||
12 | permits leasing, notwithstanding any other provision in the | ||||||
13 | common interest community's or homeowners' association's | ||||||
14 | declaration, covenants, bylaws, rules, regulations, or other | ||||||
15 | instruments or any construction of those instruments by a | ||||||
16 | common interest community's or homeowners' association's board | ||||||
17 | of directors, a homeowners' association or common interest | ||||||
18 | community incorporated under this Act may not prohibit 20% of | ||||||
19 | the total units from being used as leasing property. ".
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