This joint resolution from the Montana Legislature requests an interim study of the Uniform Common Interest Ownership Act (UCIOA) to evaluate its potential implementation in Montana. The resolution highlights the need for updated laws governing owners' associations and condominiums, noting that the current legal framework, particularly the Unit Ownership Act, has not been significantly amended since its adoption in 1965. The study aims to review the UCIOA, analyze existing Montana laws related to owners' associations, and determine if legislative changes are necessary. It also emphasizes the importance of including input from various stakeholders, such as the Montana Bankers Association and the Montana Association of Realtors.

The resolution mandates that the study's findings, conclusions, and any recommendations be presented to an appropriate committee designated by the Legislative Council and reported to the 70th Legislature. The study is required to be completed by September 15, 2026, ensuring that Montanans have access to comprehensive and updated regulations regarding owners' associations and condominiums.