Thursday, May 20, 2004

AB 2598 Assembly Bill - AMENDED
This bill passed the California Assembly Committee on Judiciary and was read on the floor for the third time. It has a number of things in it, and also a foreclosure reform, like SB 1682 (see below), but it is much harsher in that it bans nonjudicial foreclosure by HOAs. It will be interesting to see how this works out now that SB 1682 has passed the Senate and gone to the Assembly. Here is a legislative analysis of the bill.

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