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Changes to Existing Law

HB1240permit a homeowner's association, development, or incorporated community to modify a restrictive covenant.

1 section modified+50-0
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§ 11-5

New Section
+50
NEW SECTION added to Chapter 11-5
If a declaration or contract in writing, as provided in § 11-5-2, fails to provide a provision permitting a modification to the declaration or contract, a vote of two-thirds of the owners of real property governed by the declaration or contract is required to modify the declaration or contract. 8