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1972 – Over 45 years of service to the commercial industrial retail real estate industry – 2018.

COMMON INTEREST DEVELOPMENTS

March 15, 2013

SB 734 Walters R Common interest developments.

The Davis-Stirling Common Interest Development Act defines and regulates common interest developments, which include community apartment projects, condominium projects, planned developments, and stock cooperatives. That act defines terms for its purposes. This bill would make nonsubstantive changes to that definition provision.

SB 752 Roth D Commercial and industrial common interest developments.

The Davis-Stirling Common Interest Development Act provides for the creation and regulation of common interest developments, as defined, but exempts common interest developments that are limited to industrial or commercial uses from specified provisions of the act. This bill would establish the Commercial and Industrial Common Interest Development Act, which would provide for the creation and regulation of commercial and industrial common interest developments. The bill would make various conforming changes.

SB 383 Jackson D Common interest developments.

Current law provides that the covenants and restrictions in the declaration of a common interest development are enforceable equitable servitudes, unless unreasonable, that inure to the benefit of and bind all owners of separate interests in the development. Existing law authorizes the owner of a separate interest in a common interest development to enforce a governing document against the association, except as specified, and the association to enforce a governing document against the owner of a separate interest, except as specified. This bill would make a nonsubstantive change to that provision.

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