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CA AB2016
Bill
Status
8/13/2010
Primary Sponsor
Norma Torres
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AI Summary
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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
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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
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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
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Subsequent association requests automatically supersede prior requests, and requests must be recorded before any notice of default is filed
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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