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NOTE: This bill has been prepared for the signatures of the appropriate legislative officers and the Governor. To determine whether the Governor has signed the bill or taken other action on it, please
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Common interest community declarations are legal documents that establish the rules and regulations governing a community where property owners share interests in common facilities and areas, such as condominiums, homeowners associations, and cooperatives.
Typically, developers or builders who create a common interest community are required to file common interest community declarations with the appropriate state or local government agencies.
To fill out common interest community declarations, one must provide detailed information about the community, including the description of the property, governance structure, rules, and regulations, along with any other relevant information as required by local laws.
The purpose of common interest community declarations is to provide a clear framework for the operation and management of the community, ensuring that all residents understand their rights and responsibilities.
The information that must be reported includes the name of the community, a legal description of the property, the number of units, the governance structure, rules and regulations, and any assessments or fees applicable to residents.
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