Assembly OKs notice requirements for delinquent assessments - Yahoo! News
Fred Pilot sends news on the foreclosure reform front from the land of the Governator, who vetoed something similar last year from Senator Ducheny but invited a new foreclosure bill for this year. The Assembly bill is AB 619, and it is linked to Senator Ducheny's new bill, SB 137, and you can locate them at the California Assembly legislative information website
SACRAMENTO (AP) -- Homeowners' associations would have to give adequate notice before beginning foreclosure proceedings against a homeowner under a bill approved Monday by the state Assembly. The measure by Assemblyman Tim Leslie, R-Tahoe City, would require the association to send notifications regarding delinquent assessments and foreclosure proceedings to both the homeowner's primary address as well as any secondary address. It would also require the association to offer the homeowner a plan to pay off the assessments. Any decision to begin foreclosure proceedings would have to be made at a meeting of the association's board of directors.