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Bill

Bill

SB 1014

AN ACT CONCERNING INVESTIGATIONS OF EXECUTIVE BOARDS AND PROPERTY MANAGERS OF COMMON INTEREST COMMUNITIES.

2025 Regular Session Introduced by Sujata Gadkar-Wilcox

SB 1014 establishes investigation procedures for condominium and homeowner association boards and managers to ensure accountability and protect resident interests in Connecticut common interest communities.

REF. TO JOINT COMM. ON Insurance and Real Estate
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Bill Summary · SB 1014

Legislative bill overview

SB 1014 establishes procedures for investigating executive boards and property managers of common interest communities (condominiums, homeowner associations, and similar entities) in Connecticut. The bill creates mechanisms to hold these governing bodies accountable for potential misconduct, mismanagement, or violations of fiduciary duties owed to residents.

Why is this important

Common interest communities house millions of Connecticut residents who rely on boards and managers to maintain properties and handle finances responsibly. Inadequate oversight of these entities can lead to financial fraud, misappropriation of community funds, deferred maintenance, and disputes among residents with limited recourse. Clear investigation procedures protect homeowners' investments and ensure transparent governance of shared properties.

Potential points of contention

  • Scope and burden of investigations: Defining what triggers an investigation and which authority conducts them could be contentious—whether homeowners can self-petition, which agency oversees investigations, and the associated costs and timelines.
  • Balance between governance autonomy and resident protection: Boards may argue that broad investigative powers infringe on their operational independence, while residents advocate for stronger accountability mechanisms.
  • Enforcement and remedies: Disagreement may emerge over what penalties apply to misconduct, whether boards can be compelled to reimburse residents, and whether criminal referrals are automatic for serious violations.

Compiled from official sources — confirm details with the bill’s official record.

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