Common interest developments: annual reports: assessments: discipline.
Vote required
Majority
Fiscal committee
No
Appropriation
No
Current location
Housing and Community Development
Take action
Record your position on this measure.
Create an account to record your position, submit testimony, or contact your legislator.
Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed Assembly
- To Governor
- Became Law
Overview
This bill changes how common interest developments (CIDs) report to their members. It requires annual budget reports to include a comparison of past and current expenses and a statement about management company compensation. It also limits how much regular assessments can increase, currently to 8%, and requires more transparency regarding assessments and disciplinary actions. The bill also mandates that physical evidence used to determine violations of governing documents be made available to members before hearings.
Key provisions
- Annual budget reports must include a comparison of current and previous fiscal year expenditures.
- Budget reports must include a statement regarding compensation paid to a management company.
- Regular assessment increases are limited to 8% without member approval.
- Associations must provide members with physical evidence used to determine violations of governing documents at least 5 business days before a hearing.
- Digital metadata associated with digital evidence must also be provided.
- The bill amends sections related to annual reports, assessments, and discipline within the Civil Code.
- It clarifies requirements for delivering annual budget reports to members.
- It establishes a process for determining affordable housing unit assessment increases.
Who is affected
- Common Interest Developments (CIDs)
- Homeowners in CIDs
Bill text
Read the latest version inline or switch to a previous version.
Text extraction is in progress. View the official source.
Arguments
Reasons offered for and against this legislation.
Arguments in favor
No arguments in favor have been submitted.
Submit yoursArguments opposed
No arguments opposed have been submitted.
Submit yours