House Bill No. 2800 aims to enhance transparency and accessibility regarding homeowners' associations (HOAs) and their governing documents. The bill mandates that managing entities of real estate developments retain and electronically provide copies of recorded covenants, conditions, and restrictions within 72 hours of a request. It also requires HOAs to notify homeowners within five business days of any updates to these documents. Additionally, the bill sets limits on fees that can be charged for various documents and prohibits fees for certain disclosures, ensuring that homeowners are not unduly burdened by costs associated with obtaining necessary information about their properties.

Furthermore, the bill prohibits restrictive covenants that limit the fair economic use of properties, including the right to rent or operate a business from home. It requires HOAs to maintain financial records and provide statements of good standing to homeowners upon request, with a cap on associated fees. The bill also stipulates that fine structures for violations can only be updated once a year and mandates that homeowners be notified of such meetings. The amendments to existing law include changes to terminology and the introduction of new sections that codify these requirements, with the bill set to take effect on November 1, 2025.