CIVIL CODE
SECTION 4575-4580
Transfer Fee
4575. Except as provided in Section 4580, neither an association nor a community service organization or similar entity may impose or collect any assessment, penalty, or fee in connection with a transfer of title or any other interest except for the following: (a) An amount not to exceed the association's actual costs to change its records. (b) An amount authorized by Section 4530. 4580. The prohibition in Section 4575 does not apply to a community service organization or similar entity, or to a nonprofit entity that provides services to a common interest development under a declaration of trust, of either of the following types: (a) An organization or entity that satisfies both of the following conditions: (1) It was established before February 20, 2003. (2) It exists and operates, in whole or in part, to fund or perform environmental mitigation or to restore or maintain wetlands or native habitat, as required by the state or local government as an express written condition of development. (b) An organization or entity that satisfies all of the following conditions: (1) It is not an organization or entity described by subdivision (a). (2) It was established and received a transfer fee before January 1, 2004. (3) On and after January 1, 2006, it offers a purchaser the following payment options for the fee or charge it collects at time of transfer: (A) Paying the fee or charge at the time of transfer. (B) Paying the fee or charge pursuant to an installment payment plan for a period of not less than seven years. If the purchaser elects to pay the fee or charge in installment payments, the organization or entity may also collect additional amounts that do not exceed the actual costs for billing and financing on the amount owed. If the purchaser sells the separate interest before the end of the installment payment plan period, the purchaser shall pay the remaining balance before the transfer.
-
California Association of Homeowners Associations
Dedicated to: "Strength in unity and the value and enjoyment of property". Click here to get in touch with our experienced HOA consultants!
-
Membership Program
Elevate your HOA experience with our exclusive membership services. Unlock access to legal expertise, resources, and guidance tailored to your association's needs. Join now to safeguard your community's interests.
-
Election Services
Ensure fair and lawful elections for your HOA board. Explore our specialized election services designed to streamline the process and uphold the integrity of your community's leadership. Secure your next election with our expertise.
-
Newsletter
Stay informed and empowered! Subscribe to our HOA legal newsletters for the latest updates, case studies, and insights. Knowledge is key - sign up now to receive valuable information directly to your inbox.