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Bill

Bill

SB 323

TO AMEND THE HORIZONTAL PROPERTY ACT.

2025 Regular Session Introduced by Josh Bryant and 1 co-sponsor

Arkansas SB 323 (Act 516) amends condominium property law; specific provisions unclear but likely affects HOA governance, owner rights, or assessment structures affecting shared property developments.

Notification that SB323 is now Act 516
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Bill Summary · SB 323

Legislative bill overview

SB 323 amends Arkansas's Horizontal Property Act, which governs condominiums and similar shared property arrangements. The bill has been signed into law (Act 516) as of April 10, 2025, following passage through the legislature with at least one House amendment.

Why is this important

The Horizontal Property Act establishes legal frameworks for how condominiums, townhouses, and similar developments operate—affecting property rights, homeowner association governance, and dispute resolution for thousands of Arkansas residents living in multi-unit developments. Changes to this law directly impact how common areas are managed, how assessments are collected, and what rights individual unit owners possess.

Potential points of contention

  • Specifics unclear: The bill summary provided does not detail what amendments were made, making it impossible to identify which stakeholders (developers, homeowners, HOAs, or residents) benefit or are burdened
  • HOA governance balance: Amendments to horizontal property law often pit individual property owner rights against collective association governance needs
  • Financial impacts: Changes may affect how assessments, fees, or reserve requirements are structured, with unclear cost implications for current or future residents

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

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