DIGEST
The digest printed below was prepared by House Legislative Services. It constitutes no part of the
legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of the law
or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)]
HB 440 Engrossed 2024 Regular Session Berault
Abstract: Provides relative to the community documents of homeowner, condominium, and
property owner associations and other planned community associations.
Proposed law (R.S. 9:3198(3)) requires in the property disclosure act for the purchaser to be made
aware of any homeowners, property, or condominium association and requires that all association
documents be provided to the purchaser no later than at the time of closing.
Proposed law (R.S. 9:1123.109) provides that a condominium association shall provide copies of
all association documents not publicly recorded to any purchaser or owner within 15 days of the
request at no cost.
Proposed law (R.S. 9:1141.8(D)) provides that a homeowners association shall provide copies of all
association documents not publicly recorded to any purchaser or owner within 15 days of the request
at no cost.
(Amends R.S. 9:3198(3); Adds R.S. 9:1123.109 and 1141.8(D))
Summary of Amendments Adopted by House
The Committee Amendments Proposed by House Committee on Civil Law and Procedure to the
original bill:
1. Make technical changes.
2. Remove the requirement that homeowners associations, property owners associations,
and condominium associations conduct an annual accounting of the books and provide
a report outlining the fees and expenses for the previous fiscal year.
3. Remove the requirement that every homeowners association, property owners
association, and condominium association with dues exceeding $500,000 annually shall
have an audit of the books conducts every three years by a third-party auditor in addition
to the annual accounting.
4. Add "planned community" to the list of associations that the purchaser of a home is
made aware of in the property disclosure statement in order to provide the purchaser the association documents prior to closing.