Common interest developments: reinstatement of terminated declarations: County of Los Angeles.
Vote required
Two Thirds
Fiscal committee
No
Appropriation
No
Current location
Chaptered
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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 creates a process for reinstating terminated declarations in common interest developments within the County of Los Angeles. To reinstate a declaration, members must approve it by the percentage specified in the original declaration or, if no percentage is listed, by a majority vote. The reinstated declaration would be effective upon certification of approval and recording in the county recorder’s office, with the term extension limited to the original term or 20 years. The bill is limited to Los Angeles County and will expire on January 1, 2028.
Key provisions
- Establishes a process for reinstating terminated common interest development declarations.
- Requires member approval for reinstatement, either by the declaration’s specified percentage or a majority vote.
- Limits the term extension of the reinstated declaration to the original term or 20 years.
- Specifies requirements for certification and recording of the reinstated declaration.
- Applies only to the County of Los Angeles.
- Sets an expiration date for the bill's provisions (January 1, 2028).
Who is affected
- Homeowners in common interest developments
- Homeowners associations in common interest developments
- County of Los Angeles residents
- Real estate professionals involved in common interest developments
- County of Los Angeles government officials
Notable changes
Bill text
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Sponsors
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1 on record
Primary sponsor
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