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Bill

SB 747

Condominiums - Unit Owner Responsibility for Damage or Destruction and Mandatory Insurance Coverage

2026 Regular Session Introduced by Mike McKay

Maryland law clarified: condo unit owners bear specific damage costs; associations mandate insurance and define liability splits for collective repairs.

Approved by the Governor - Chapter 717
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Bill Summary · SB 747

Legislative bill overview

SB 747 modifies Maryland condominium law to clarify unit owner financial responsibility when their units are damaged or destroyed, and establishes mandatory insurance coverage requirements. The bill delineates what portion of reconstruction costs individual owners must bear versus what the condominium association covers collectively.

Why is this important

Condo owners face significant financial exposure if their units are damaged by fire, weather, or other events. This bill creates certainty about insurance obligations and financial liability, potentially protecting owners from unexpected special assessments and clarifying association responsibilities—issues that commonly generate disputes in condominium communities.

Potential points of contention

  • Individual vs. collective liability: Determining whether owners or associations bear costs for unit-specific damage could shift financial burdens and affect property values and insurance premiums
  • Insurance mandate costs: Requiring mandatory coverage increases owner expenses; some may argue associations should negotiate blanket policies more efficiently
  • Fairness of assessment timing: Rules about when owners pay special assessments versus when associations cover costs could disadvantage owners with limited financial flexibility

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

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