Condo Media - February 2011 - 19

VERMONT C A I

Changes Coming
CAI Hosts Programs Around the State About Condominium Statute
new statute requirements by Jan. 1, 2012. CAI will be hosting several programs around the state to assist associations and managers in complying with the statute requirements. For more information about these and other far reaching changes, mark your calendar and plan to attend one of the following VTCIOA programs — March 24 in Woodstock, Vt.; June 4 in the Burlington area; and September 15 in the Brattleboro area. Space is limited. Contact the chapter office at (781) 237-9020, ext. 10 or visit www.caine.org for more information or to register. CM

R e g i o n a l N e w s

n 11 short months, the law governing condominiums in Vermont will undergo significant changes. Last year, the legislature passed a 70-page bill that made radical changes to how business is conducted by condominium associations. A substantial number of the amendments are modeled on the Uniform Common Interest Owners Bill of Rights Act as drafted by the Commissioners on Uniform State Laws, and while some changes are of the “opt in” variety, others are mandatory as of Jan. 1, 2012.

New Requirements for Meetings
While there are many governance as well as non-governance related changes, one of the most notable governance changes is the way associations will conduct meetings. The new law will require an association to “notify unit owners of the time, date and place of each annual and special unit owners meeting not less than 10 days or more than 60 days before the meeting date.” The notice may be delivered to any mailing or e-mail address a unit owner designates or delivered by hand to each unit owner. The statute will require

notice to all unit owners and not just those who may have so requested to receive notice. In addition to notice requirements for annual and special unit owner meetings, the statute sets minimum standards for a meeting of association members and also amends the current statute relative to the requirements for both unit owner meetings and board meetings. Per the new statute: “At each executive board meeting, the executive board shall provide a reasonable opportunity for unit owners to comment regarding any matter affecting the common interest community and the association.” In addition, any materials that may be distributed to the executive board before the meeting also must be copied and reasonably available to unit owners with some specific exceptions including copies of unapproved minutes or materials that are to be considered in executive session. The statute requires that all board meetings be held at the common interest community unless amended by bylaw. Over the next several months, associations will be required to implement changes to their existing documents and must be in full compliance with the

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CONDO MEDIA • FEBRUARY 2011

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Condo Media - February 2011

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