Senate Bill No. introduced by K. Bogner aims to empower property owners by allowing them to vote on the adoption, removal, or amendment of easements and covenants that affect their residential properties. The bill stipulates that any changes to these easements or covenants cannot occur unless all affected property owners have the opportunity to vote, with a majority required for approval. Notably, if all owners consent in writing after being notified, the voting requirement can be waived. The bill also outlines the rights of property owners, ensuring they are not deprived of their voting rights and can participate in homeowners' association meetings and decisions.
Additionally, the bill establishes a clear process for amending easements and covenants, including providing notice by certified mail and allowing a minimum 30-day voting period. If any owner objects during this period, the proposed changes cannot proceed unless the objecting owner provides written confirmation of their non-objection. The bill includes provisions for higher thresholds for amendments if desired by the property owners and specifies that it will take effect immediately upon passage, applying to all easements, covenants, conditions, and restrictions in existence after the effective date.