Monday, July 23, 2007

AB 952 Assembly Bill - Bill Analysis
CAI is vehemently opposed to this bill and has issued a call-to-arms for members to get busy. Here is the summary:

This bill provides that a regular or special assessment that is subject to a vote within a Common Interest Development must be approved both by a majority of all residents and a majority of owner-occupants of affordable units and requires an association to establish a payment plan for all regular and special assessment imposed on affordable units for those owner occupants who requestmone.

No comments: