Section 5610 - Emergency Assessment Requirements


Old Civil Code Section 1366(b)(1)-(3)


Changes

Changes Made By Section 5610

This old Davis - Stirling Section 5605 does not limit assessment increases necessary for emergency situations. For purposes of this section , an emergency situation is included any one of the following: (a) An extraordinary expense required by an order of a court. (b) An extraordinary expense necessary to repair or maintain the common interest development or any part of it for which the association is responsible where a threat to personal safety on the property is discovered. (c) An extraordinary expense necessary to repair or maintain the common interest development or any part of it for which the association is responsible that could not have been reasonably foreseen by the board in preparing and distributing the annual budget report under Section 5300. However, prior to the imposition or collection of an assessment under this subdivision, the board shall pass a resolution containing written findings as to the necessity of the extraordinary expense involved and why the expense was not or could not have been reasonably foreseen in the Table of Changes from budgeting process, and the former Civil Code sections resolution shall be distributed to the current Common Interest Development Act members with the notice of assessment. Current CID section reference: 5610 (a) - (c) Return to the Davis - Stirling Table of Changes