HOUSING – Amends and adds to existing law to revise provisions regarding homeowner’s associations and to provide for joint ownership associations.

This bill updates Idaho laws governing homeowner's associations by clarifying meeting procedures, quorum requirements, and board member conflict of interest disclosures. It also establishes a new category called joint ownership associations and creates a mechanism for automatic conversion of existing homeowner's associations to this new type after ten years, unless members vote against the change. The legislation directly affects homeowners, property owners, and the boards that manage residential communities by standardizing how meetings are conducted and how fees are approved. Additionally, the bill requires associations to maintain meeting minutes for ten years and allows members to receive meeting notices electronically.