Read second time and amended. Ordered to second reading.
Summary
The bill changes California law to broaden the definition of an “agent” for homeowners’ associations to include companies that help carry out certain HOA activities, and requires those agents to owe a fiduciary duty to the board and members. It also updates definitions of management services and professional associations for HOA managers, and adds new disclosure requirements for owners selling a unit in a common interest development. The changes aim to improve oversight and transparency in HOA management.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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