BILL NUMBER: AB 1838 INTRODUCED BILL TEXT INTRODUCED BY Assembly Member Charles Calderon FEBRUARY 22, 2012 An act to amend Section 1368.2 of the Civil Code, relating to common interest developments. LEGISLATIVE COUNSEL'S DIGEST AB 1838, as introduced, Charles Calderon. Common interest developments: association records. The Davis-Stirling Common Interest Development Act defines and regulates common interest developments, which include community apartment projects, condominium projects, planned developments, and stock cooperatives. Existing law specifies certain documents that an association must provide to a prospective purchaser upon request. Existing law requires the association to also provide a specified form that contains an estimate of the costs associated with providing the prospective purchaser with the requested documents. This bill would require that the financial disclosure form described above be written in at least 10-point type. Vote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 1368.2 of the Civil Code is amended to read: 1368.2. The form for billing disclosures required by Section 1368 shall be in substantially the following form and in at least 10-point type : CHARGES FOR DOCUMENTS PROVIDED AS REQUIRED BY SECTION 1368* Property Address __________________________________ Owner of Property _________________________________ Owner's Mailing Address ______________________ (If known or different _____________________________ from property address.) Provider of the Section 1368 Items: _________________________________________________ Print Name Position or Title Association or Agent ___________________ Date Form Completed Check or Complete Applicable Column or Columns Below Not Available Document Civil Code Included (N/A) or Section Not Applicable (N/App) Articles of Incorporation Section or statement 1368(a)(1) _________ ___________ that not incorporated CC&Rs Section _________ ___________ 1368(a)(1) Bylaws Section _________ ___________ 1368(a)(1) Operating Rules Section _________ ___________ 1368(a)(1) Age Section restrictions, 1368(a)(2) _________ ___________ if any Pro forma operating Sections budget or 1365 and _________ ___________ summary, 1368(a)(3) including reserve study Assessment and Sections reserve funding 1365 and _________ ___________ disclosure 1368(a)(4) summary Financial Sections statement review 1365 and _________ ___________ 1368(a)(3) Assessment Sections enforcement 1365 and _________ ___________ policy 1368(a)(4) Insurance Sections summary 1365 and _________ ___________ 1368(a)(3) Regular Section _________ ___________ assessment 1368(a)(4) Special Section _________ ___________ assessment 1368(a)(4) Emergency Section _________ ___________ assessment 1368(a)(4) Other unpaid Sections obligations of 1367.1 and _________ ___________ seller 1368(a)(4) Approved Sections changes to 1365 and _________ ___________ assessments 1368(a)(4), (8) Settlement Sections notice 1368(a)(6), regarding (7) and _________ ___________ common area 1375.1 defects Sections Preliminary 1368(a)(6), _________ ___________ list of defects 1375, and 1375.1 Notice(s) of Sections violation 1363 and _________ ___________ 1368(a)(5) Required Section statement of 1368 _________ ___________ fees Minutes of regular meetings of the board of Section directors 1368(a)(9) _________ ___________ conducted over the previous 12 months, if requested Total fees for _________ these documents: * The information provided by this form may not include all fees that may be imposed before the close of escrow. Additional fees that are not related to the requirements of Section 1368 may be charged separately.