The resolution proposes the establishment of a special legislative commission in Rhode Island to study current condominium law and provide recommendations for improvements to transparency, accountability, and ongoing affordability of condominiums. The commission will consist of sixteen members, including representatives from the House and Senate, housing and community organizations, legal experts, and current condominium owners. Its primary goal is to identify challenges within existing condominium laws and recommend enhancements to better serve unit owners and associations.
The commission's study will include an examination of best practices from other states, identification of barriers to effective governance and affordability, and resources available to address these challenges. The commission is tasked with reporting its findings and recommendations to the General Assembly by December 31, 2027, and will be dissolved on March 15, 2028.