The bill amends the Condominium Act of 1978, specifically section 67, to clarify the requirements for changes in condominium projects. It stipulates that any change must be reflected in an amendment to the condominium documents, and if the change involves boundaries or the addition/elimination of units, a replat must be prepared and recorded. The language has been updated to replace "shall" with "must" in several instances, emphasizing the mandatory nature of these actions. Additionally, the bill outlines the rights of developers regarding undeveloped land, allowing them to withdraw or convert undeveloped units without prior consent for a specified period, and establishes procedures for co-owners to declare undeveloped land as part of the project if the developer does not act within the designated timeframe.

Furthermore, the bill defines "undeveloped land" and clarifies that certain provisions do not apply to condominium units no longer owned by the developer. It also includes requirements for notice and recording of declarations made by the association of co-owners, ensuring that all parties are informed of changes. The amendments aim to streamline the process of managing condominium projects while protecting the rights of both developers and co-owners.

Statutes affected:
Senate Introduced Bill: 559.167