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CA AB2016

Bill

Status

Passed

8/13/2010

Primary Sponsor

Norma Torres

Click for details

Origin

State Assembly

2009-2010 Session

AI Summary

  • Clarifies that a homeowners' association request for notification of trustee's deed upon sale does not constitute a transfer or encumbrance of real property under Government Code Section 27288.1

  • Allows associations to file a single recorded request requiring mortgagees or trustees to mail copies of trustee's deeds upon sale to the association within 15 business days of recording

  • Request must include legal description or assessor's parcel numbers of all separate interests, association name and address, and statement identifying it as a homeowners' association

  • Subsequent association requests automatically supersede prior requests, and requests must be recorded before any notice of default is filed

  • Establishes that filing such requests does not affect property title or create notice that the association has any right, title, or interest in the property

Legislative Description

Common interest developments: requests for notices of

Last Action

Chaptered by Secretary of State - Chapter 133, Statutes of 2010.

8/13/2010

Committee Referrals

Judiciary5/13/2010
Rules5/3/2010
Judiciary4/6/2010
Banking and Finance3/11/2010

Full Bill Text

No bill text available