HB 542 – What it means for your Board and Community

As many of you know CSI has been keeping an eye on House Bill 542.

Jim Slaughter sums it up best saying “What’s going on with House Bill 542? There’s not been an easy answer. That’s because the provisions in the legislation have been such a moving target. On the NC General Assembly website, you’ll see four editions of the bill.

Each adds a host of new requirements for North Carolina homeowner and condominium associations. Not listed on the website are at least eight prior “drafts” of HB 542, as different proposals were floated and either added or dropped from the proposed legislation following discussion.”

You can read more from Jim here. And learn about the progress of the Bill here.

Follow the Bill’s actions, sponsors and votes here. We will continue to share updates with our Boards as we receive them.