SB-1431 (Cortese) Declarations: common areas.

Most likely a spot bill, this bill would make nonsubstantive changes related to common interest developments.

Current Status: Pending

FindHOALaw Quick Summary:

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.
Most likely a spot bill, this bill would make a nonsubstantive change to Civil Code Section 4500.
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View more info on SB 1431
from the California Legislature's website