Bill Text: CA AB1917 | 2017-2018 | Regular Session | Introduced
Bill Title: Common interest developments.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2018-02-05 - Referred to Com. on JUD. [AB1917 Detail]
Download: California-2017-AB1917-Introduced.html
CALIFORNIA LEGISLATURE—
2017–2018 REGULAR SESSION
Assembly Bill | No. 1917 |
Introduced by Assembly Member Steinorth |
January 23, 2018 |
An act to amend Section 4265 of the Civil Code, relating to common interest developments.
LEGISLATIVE COUNSEL'S DIGEST
AB 1917, as introduced, Steinorth.
Common interest developments.
The Davis-Stirling Common Interest Development Act provides for the creation and regulation of common interest developments. Existing law requires that certain documents be recorded in order to create a common interest development, including a declaration. Existing law provides that a declaration that specifies a termination date, but that contains no provision for extension of the termination date, may be extended by the approval of members, as provided, except that no single extension of the terms of the declaration may exceed the initial term of the declaration or 20 years, whichever is less. Existing law makes related legislative findings.
This bill would prohibit a single extension of the terms of the declaration from exceeding the initial term of the declaration or 25 years, whichever is less. The bill would also make nonsubstantive changes
to the legislative findings.
Digest Key
Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NOBill Text
The people of the State of California do enact as follows:
SECTION 1.
Section 4265 of the Civil Code is amended to read:4265.
(a) The Legislature finds that there are common interest developments that have been created with deed restrictions that do not provide a means for the members to extend the term of the declaration. The Legislature further finds that covenants and restrictions contained in the(b) A declaration that specifies a termination date, but that contains no provision for extension of the termination date, may be extended, before its termination date, by the approval of members pursuant to Section 4270.
(c) No single extension of the terms of the declaration made pursuant to this section shall exceed the initial term of the declaration or 20
25 years, whichever is less. However, more than one extension may occur pursuant to this section.