Common interest developments: declarations: amendments.
Vote required
Majority
Fiscal committee
No
Appropriation
No
Current location
Passed
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill changes the rules for amending declarations in California common interest developments. It lowers the percentage of votes required to approve an amendment if the development is a senior citizen housing project, has a large number of units, and hasn’t been amended in a long time. Specifically, it reduces the required vote threshold to 37% under certain conditions, including the development being a senior housing project, having over 6,000 units, and not being amended in at least 35 years.
Key provisions
- Lowers the required vote threshold for amendment approval to 37% in specific circumstances.
- Applies this lower threshold to senior citizen housing developments.
- Requires the development to have over 6,000 separate interests.
- Specifies that the declaration must not have been amended in at least 35 years.
- Outlines the process for court petitions to reduce the voting threshold.
- Requires 15 days’ notice to members, mortgagees, and local governments before a court hearing.
- Sets forth specific findings the court must make to grant a petition.
- Prohibits amendments that would eliminate special rights or impair security interests without proper consent.
Who is affected
- Homeowners in common interest developments
- Common interest development associations
- Senior citizen housing residents
- Mortgagees and deed of trust beneficiaries
Bill text
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Sponsors
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1 on record
Primary sponsor
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