Real Property - Regulation of Common Ownership Community Managers
Maryland bill establishes licensing and regulatory standards for HOA managers to increase accountability and protect resident interests in common ownership communities.
Maryland bill establishes licensing and regulatory standards for HOA managers to increase accountability and protect resident interests in common ownership communities.
HB 853 establishes regulatory oversight and licensing requirements for common ownership community (HOA) managers in Maryland. The bill aims to standardize professional qualifications, conduct, and accountability for individuals managing homeowners associations, condominiums, and similar residential communities.
Approximately 2 million Maryland residents live in common ownership communities where professional managers handle finances, enforce rules, and maintain properties. Without state regulation, managers currently operate with minimal oversight, creating potential risks for financial mismanagement, fraud, or poor governance that directly affects homeowners' property values and quality of life.
Compiled from official sources — confirm details with the bill’s official record.
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