The condominium registration exemption is now 25 units, by statute
The condominium registration exemption is now 25 units, by statute
2026-09-15 · New Hampshire · Legislation
What happened. SB 415 (2026) was signed July 2, 2026 as Chapter 245, Laws of 2026, most of it effective that day, with section 7 effective November 1, 2027.
RSA 356-B:49, the exemption section, now reads: "If not more than 25 units are included in the condominium; provided, however, this exemption shall not apply to a condominium involving time sharing interests."1 Its source note records the change: 2026, 245:1, effective July 2, 2026.
Settling a number that was reported two ways
Mid-session trade coverage in February 2026 reported the threshold moving from 10 to 20 units. Post-session coverage reported 25, "not 50 as originally drafted." The enacted statute says 25.
The bill also repealed abbreviated registrations.
The detail that makes this odd
The Attorney General's own administrative rule has said 25 units since 2019. Jus 1404.02, "Exemption from Registration; 25 Units," adopted as Document #12910 effective October 24, 2019, directs that "the bureau shall exempt a condominium from the registration and annual reporting requirements of RSA 356-B:50, I, and RSA 356-B:51-55" where, among other conditions, "[t]he total number of units in the condominium shall not exceed 25, including any units to be added by reason of expansion or merger."2
So the statute has now caught up with the rule the Bureau has been administering for seven years. What changed in July 2026 is not the operative number most small developers have been living under; it is the source of that number.
Why statute and rule saying the same thing still matters
Three reasons, and the first is the practical one.
Rules expire; statutes do not. Jus 1400 expires October 24, 2029. Before this amendment, the 25-unit exemption rested on a rule with a ten-year clock on it, implementing a discretionary grant of exemption authority. Now the threshold is in the statute and the rule implements it rather than supplying it.
The rule's conditions are not the statute's. Jus 1404.02 attaches requirements a bare statutory threshold does not: the condominium must not be a time-sharing or conversion condominium; the declarant must be the owner of record when the application is filed; before a purchaser signs, the declarant must "[d]isclose in writing to each prospective purchaser all improvements which are promised and which are proposed or contemplated but not promised" and "[p]ost a bond in favor of the unit owners' association, and the bureau, to ensure completion of all promised improvements, other than units"; and "[c]onstruction of all improvements shall be complete within 2 years from the date the application for exemption is filed."
Those conditions produce an asset the association owns. A post-transition board in a small New Hampshire condominium should establish whether a completion bond was posted in the association's favour and whether it was ever released — it is a claim the association may not know it has.
The repeal of abbreviated registrations removes a middle tier. A project above the threshold now registers fully or not at all.
What changes for whom
Developers of projects between 11 and 25 units gain statutory certainty for a position they were already in administratively. The exemption application fee is $200 under Jus 1402.04.
Developers of projects above 25 units are unaffected, except that the abbreviated route is gone.
Buyers in projects between 11 and 25 units lose nothing they had in practice, but it is worth being clear about what the exemption removes: no registration with the Attorney General, no public offering statement reviewed by the Bureau, no annual reporting. The disclosure and bonding conditions in the rule are what remains, and they are enforced through the exemption application rather than through ongoing supervision.
Existing associations are unaffected. The registration regime reaches the declarant's offering stage, not the association after transition.
The septic complication nobody expects
There is one live, present-day use for a New Hampshire condominium's registration status, and it has nothing to do with sales.
The Department of Environmental Services' subdivision and septic chapter, Env-Wq 1000, readopted effective February 1, 2026, exempts a condominium from needing subdivision approval before it can get septic approval — but for condominiums created between June 18, 1971 and September 1, 1989, only on conditions including that "[t]he condominium was registered under RSA 479-A or was approved by the New Hampshire attorney general under RSA 356-B, if required by the statute in effect at the time."
A registration file from 1984 is therefore a precondition to replacing a failing septic system in 2026. A raised exemption threshold going forward does nothing about that; what matters for an existing association is what the law required when it was created.
The part of this we could not confirm
Trade reporting in May 2026 described the House Housing Committee amending the bill to attach a commission to study the entire Condominium Act, with a charge to "identify opportunities to modernize the law, reduce unnecessary administrative burdens, and support the creation of quality homeownership opportunities."
We have not been able to confirm from the enacted chapter whether that commission survived into law. Nobody should state that New Hampshire has a commission reviewing its Condominium Act on the strength of the mid-session reporting. If it exists it would be the most consequential thing in the act, because RSA 356-B has been amended piecemeal since the 1970s and has never been comprehensively reviewed.
What to watch next
Section 7's effective date of November 1, 2027 — a delayed provision in a bill whose other sections took effect immediately is usually the interesting one.
Watch also the Attorney General's rules. Jus 1300 and Jus 1400 both expire October 24, 2029 and will need readoption. The Bureau filed no administrative rules of any kind between January 2025 and September 2026, so any movement there would be visible.
Related New Hampshire HOA Topics
- RSA 356-B:49, Exemptions (source note: 1977, 468:1; 1979, 289:2; 1983, 469:81; 1985, 300:7, I(b); 2026, 245:1, eff. July 2, 2026) ↩
- N.H. Code Admin. R. Jus 1404.02, Exemption from Registration; 25 Units (Doc. #12910, eff. Oct. 24, 2019) ↩
- New Hampshire REALTORS, “State House: Feb. 17” (Feb. 17, 2026), mid-session reporting on SB 415 ↩
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