If your home is severely damaged, you might have to rebuild it to comply with the new standards requiring a change in design or building materials. (rmiia.org)
I would agree with you that if the new Charter's have to run a certain standard, those charter's already in place should be required to comply with the new standards in a certain period of time (perhaps 1 - 2 academic years after passage so that the charter school may properly adjust). (jonathanpelto.com)
To make matters more interesting, the House Financial Services Committee says the new rules have teeth: «Lenders and mortgage brokers who don't comply with new standards will be held accountable by consumers for as high as three - years of interest payments and damages plus attorney's fees.» (fhaloanpros.com)