CALIFORNIA LEGISLATURE 20232024 REGULAR SESSION Senate Bill No. 1431Introduced by Senator CorteseFebruary 16, 2024 An act to amend Section 4500 of the Civil Code, relating to common interest developments.LEGISLATIVE COUNSEL'S DIGESTSB 1431, as introduced, Cortese. Declarations: common areas.The Davis-Stirling Common Interest Development Act provides that, unless the declaration otherwise provides, in a condominium project, or in a planned development in which the common area is owned by the owners of the separate interests, the common area is owned as tenants in common in equal shares, one for each separate interest.This bill would make a nonsubstantive change to that provision.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO Bill TextThe people of the State of California do enact as follows:SECTION 1. Section 4500 of the Civil Code is amended to read:4500. Unless the declaration otherwise provides, in a condominium project, or in a planned development in which the common area is owned by the owners of the separate interests, the common area is owned as tenants in common, common in equal shares, one for each separate interest.
CALIFORNIA LEGISLATURE 20232024 REGULAR SESSION Senate Bill No. 1431Introduced by Senator CorteseFebruary 16, 2024 An act to amend Section 4500 of the Civil Code, relating to common interest developments.LEGISLATIVE COUNSEL'S DIGESTSB 1431, as introduced, Cortese. Declarations: common areas.The Davis-Stirling Common Interest Development Act provides that, unless the declaration otherwise provides, in a condominium project, or in a planned development in which the common area is owned by the owners of the separate interests, the common area is owned as tenants in common in equal shares, one for each separate interest.This bill would make a nonsubstantive change to that provision.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO
CALIFORNIA LEGISLATURE 20232024 REGULAR SESSION
Senate Bill
No. 1431
Introduced by Senator CorteseFebruary 16, 2024
Introduced by Senator Cortese
February 16, 2024
An act to amend Section 4500 of the Civil Code, relating to common interest developments.
LEGISLATIVE COUNSEL'S DIGEST
## LEGISLATIVE COUNSEL'S DIGEST
SB 1431, as introduced, Cortese. Declarations: common areas.
The Davis-Stirling Common Interest Development Act provides that, unless the declaration otherwise provides, in a condominium project, or in a planned development in which the common area is owned by the owners of the separate interests, the common area is owned as tenants in common in equal shares, one for each separate interest.This bill would make a nonsubstantive change to that provision.
The Davis-Stirling Common Interest Development Act provides that, unless the declaration otherwise provides, in a condominium project, or in a planned development in which the common area is owned by the owners of the separate interests, the common area is owned as tenants in common in equal shares, one for each separate interest.
This bill would make a nonsubstantive change to that provision.
## Digest Key
## Bill Text
The people of the State of California do enact as follows:SECTION 1. Section 4500 of the Civil Code is amended to read:4500. Unless the declaration otherwise provides, in a condominium project, or in a planned development in which the common area is owned by the owners of the separate interests, the common area is owned as tenants in common, common in equal shares, one for each separate interest.
The people of the State of California do enact as follows:
## The people of the State of California do enact as follows:
SECTION 1. Section 4500 of the Civil Code is amended to read:4500. Unless the declaration otherwise provides, in a condominium project, or in a planned development in which the common area is owned by the owners of the separate interests, the common area is owned as tenants in common, common in equal shares, one for each separate interest.
SECTION 1. Section 4500 of the Civil Code is amended to read:
### SECTION 1.
4500. Unless the declaration otherwise provides, in a condominium project, or in a planned development in which the common area is owned by the owners of the separate interests, the common area is owned as tenants in common, common in equal shares, one for each separate interest.
4500. Unless the declaration otherwise provides, in a condominium project, or in a planned development in which the common area is owned by the owners of the separate interests, the common area is owned as tenants in common, common in equal shares, one for each separate interest.
4500. Unless the declaration otherwise provides, in a condominium project, or in a planned development in which the common area is owned by the owners of the separate interests, the common area is owned as tenants in common, common in equal shares, one for each separate interest.
4500. Unless the declaration otherwise provides, in a condominium project, or in a planned development in which the common area is owned by the owners of the separate interests, the common area is owned as tenants in common, common in equal shares, one for each separate interest.