Since 1986, a single body of law, the Davis-Stirling Common Interest Development Act (“Davis-Sterling Act”), has governed both residential and commercial common interest developments.
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After years of legislative tinkering, the Davis-Stirling Common Interest Development Act, which regulates common interest developments such as condominiums, finally underwent a long-awaited restructuring.
Bob has been saving up for his dream home his entire life. While not an architect himself, he follows architecture trends and visits buildings designed by Frank Lloyd Wright and I.M. Pei.
As this article goes to press, the Fourth District Court of Appeal has received the parties' supplemental briefs, and is preparing to rehear Villa Vicenza Homeowners Association v. Nobel Court Development, LLC.
An owner’s association in a common interest development must be able to “tax” or assess its members in order to obtain the revenue necessary to carry out its functions.