ConnecticutHB 052652026 Regular SessionHouseWALLET

AN ACT CONCERNING COURT-ORDERED ACCOUNTINGS OF COMMON INTEREST COMMUNITY FINANCIAL RECORDS AND REVISING THE DISCLOSURE REQUIREMENTS RELATING TO COMMON INTEREST COMMUNITIES.

Sponsored By: Insurance and Real Estate Committee

Signed by Governor

Summary

To (1) allow unit owners of common interest communities to petition the Superior Court for an accounting of such association's financial records, (2) revise the disclosure requirements relating to common interest communities, and (3) impose a cap on the fee imposed for the preparation and recordation of a lender questionnaire.

insurance and real estate

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 0 benefits, 0 costs, 2 mixed.

Home sales require more property disclosures

Beginning October 1, 2026, Connecticut property disclosure forms require sellers to report more information about the property. The form asks about its age, the owner’s occupancy, ownership claims and use rights, flood or wetland status, registered dams, possible town improvement charges, historic or village districts, special tax districts, and land-use limits. Sellers must also disclose known past or pending cases, government actions, orders, or liens related to hazardous substances on the property, and whether it is in a common interest community or owes dues or fees. For communities with more than 12 units, the form advises buyers to obtain a resale certificate and request a reserve-fund report; for communities of 12 or fewer units that need not provide a certificate, it advises buyers to consult professionals and community residents. The form’s guidance does not guarantee that these records are available.

Unit owners can seek community audits

Beginning October 1, 2026, unit owners whose units carry at least 20% of a community association’s votes can petition the Superior Court for an independent audit of its financial records. The group must provide a written good-faith statement, a signed opinion from an independent fraud or financial-forensics accountant identifying apparent evidence of fraud or misuse, and a certified copy of the recorded vote allocation. No audit can have been completed in the 12 months before the petition, and a statutory exception applies. If the court grants the petition, the owners pay the audit costs; the association or manager can charge a reasonable fee for providing records, and the association can recover reasonable attorney’s fees.

Sponsors & Cosponsors

Sponsor

  • Insurance and Real Estate Committee

    Affiliation unavailable

Cosponsors

  • Cara Christine Pavalock-D'Amato

    Republican • House

  • Devin R. Carney

    Republican • House

  • Frank Smith

    Democratic • House

  • Joan V. Hartley

    Democratic • Senate

  • Joe Canino

    Republican • House

  • Joe Hoxha

    Republican • House

  • John A. Kissel

    Republican • Senate

  • John-Michael Parker

    Democratic • House

  • Kerry S. Wood

    Democratic • House

  • Patrick Biggins

    Democratic • House

  • Ronald A. Napoli

    Democratic • House

  • Tony Hwang

    Republican • Senate

  • William Pizzuto

    Republican • House

Roll Call Votes

All Roll Calls

Yes: 0 • No: 0

House vote • 3/12/2026

INS Vote Tally Sheet (Joint Favorable Substitute)

Yes: 0 • No: 0

House vote • 3/12/2026

House Roll Call Vote 42

Yes: 0 • No: 0

Senate vote • 3/12/2026

Senate Roll Call Vote 262

Yes: 0 • No: 0

Actions Timeline

  1. Signed by the Governor

    5/27/2026legislature
  2. Transmitted by Secretary of the State to Governor

    5/15/2026legislature
  3. Transmitted to the Secretary of State

    5/15/2026legislature
  4. Public Act 26-31

    5/14/2026legislature
  5. On Consent Calendar / In Concurrence

    5/4/2026legislature
  6. Senate Passed

    5/4/2026Senate
  7. Senate Calendar Number 364

    4/10/2026Senate
  8. Favorable Report, Tabled for the Calendar, Senate

    4/10/2026Senate
  9. House Passed

    4/8/2026House
  10. File Number 188

    3/26/2026legislature
  11. House Calendar Number 154

    3/26/2026House
  12. Favorable Report, Tabled for the Calendar, House

    3/26/2026House
  13. Reported Out of Legislative Commissioners' Office

    3/26/2026legislature
  14. Referred to Office of Legislative Research and Office of Fiscal Analysis 03/25/26 5:00 PM

    3/20/2026legislature
  15. Filed with Legislative Commissioners' Office

    3/12/2026legislature
  16. Joint Favorable Substitute

    3/12/2026legislature
  17. Public Hearing 02/24

    2/20/2026legislature
  18. Referred to Joint Committee on Insurance and Real Estate

    2/19/2026legislature

Bill Text

  • Public Act No. 26-31

    5/14/2026

  • File No. 188

    3/26/2026

  • INS Joint Favorable Substitute

    3/12/2026

  • Raised Bill

    2/19/2026

  • Bill Analysis For File Copy 188

  • Fiscal Note For File Copy 188

  • House Roll Call Vote 42

  • INS Joint Fav. Rpt

  • INS Vote Tally Sheet (Joint Favorable Substitute)

  • Senate Roll Call Vote 262

  • Summary for Public Act No. 26-31

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