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The Davis–Stirling Common Interest Development Act is the popular name of the portion of the California Civil Code beginning with section 4000, [ 1] which governs condominium, cooperative, and planned unit development communities in California. Contrary to what the title of the Act suggests, the bill was authored/drafted by University of San ...
A homeowner association (or homeowners' association, abbreviated HOA, sometimes referred to as a property owners' association or POA), or a homeowner community, is a private association-like entity in the United States, Canada, the Philippines and certain other countries often formed either ipso jure in a building with multiple owner-occupancies, or by a real estate developer for the purpose ...
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HOA fees are set according to the financial needs of the community, so they vary widely from one to the next. According to the most recent American Housing Survey available from the U.S. Census ...
She added that whether HOA fees qualify as tax-deductible depends on whether the owner’s use of the property is personal or business. ... California’s Park Fire now among state’s top 13 ...
Private transfer fee. A private transfer fee covenant [1] is a legal instrument that is filed in the real property records, which imposes an assessment payable in connection with a series of future transfers of title to certain real property. The assessment [2] can be for a fixed amount or a percentage of the sales price, and typically runs for ...
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Common-interest development. Condominiums in San Ramon, California. Common-interest development ( CID) is the fastest growing form of housing in the world today. [1] [2] They include condominiums, community apartments, planned developments, and stock cooperatives. [3] [4] A CID's ownership benefits are having rights to an undivided interest in ...
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