On Tuesday of last week, SB 337, sponsored by Senator Rodger Smitherman (D-Birmingham), received a favorable report in the Senate Committee on Government Affairs.

Senator Smitherman introduced SB 337 in Committee and stated the Alabama Law Institute brought this bill forward. SB 337 would provide updates to the Uniform Condominium Act. The last revision to the Act was in 1991. Since then, there have been many changes in the real estate market that have affected condos being developed, bought, sold, and operated. This bill provides for those updates as well as needed clarifications for condo owners and developers.

Senator Phil Williams (R-Rainbow City) made the motion for a favorable report, which was seconded by Senator Coleman-Madison (D-Birmingham). The bill received a unanimous favorable report with a vote of 6-0.

On Thursday, SB 337 was passed by the entire Senate body unanimously with a vote of 25-0. SB 337 now moves to the House.

Alabama REALTORS® supports SB 337 and the clarifications it provides for condo owners and developers.