Homeowners Associations - Reserve Funding, Meeting Notices, Voting, and Records

SB 919 requires Maryland homeowners associations (HOAs) with 100 or more lots to post specific documents online within 30 days of creation or receipt. These include declarations, bylaws, meeting minutes (for the past 5 years), recordings of virtual meetings (past 12 months), and other records typically available to lot owners. The bill also clarifies that HOAs may secure loans for reserve funding under certain circumstances and mandates electronic meeting notices and voting options. Smaller HOAs are not subject to the online posting requirement, which applies only to qualifying large associations. This aims to increase transparency in HOA operations through accessible digital records.