How Could A New Arena Change Downtown Sacramento & The Condominium Market

By bslaton on May 16th, 2013
Exciting times in Sacramento this week when the NRBA has voted down the relocation of the Sacramento Kings to Seattle.  With a new ownership group and the release of new sketches of the proposed new arena at the Downtown Plaza site, the prospects for Sacramento are great.  It’s still too early to celebrate but go ... [Continue Reading]

What Is The Difference Between A Condominium and a PUD?

By bslaton on May 16th, 2013
We get this question a lot here at SacramentoCondos.com and in this condominium market it can mean the difference between a buyer obtaining financing or not. So if you’ve been following our blog here about the Sacramento region condominium market, you will know financing has become an issue in many of the condominium communities because ... [Continue Reading]

SacramentoCondos.com Condo Consumer Alert: 500 N Street

By bslaton on December 30th, 2012
We always hate to post Condo Consumer Alerts but when we do it’s because we feel consumers and real estate industry professionals who use our site as their condominium resources source know how to educate themselves when purchasing a condominium.  These alerts are usually provided to us by consumers, real estate professionals or in many ... [Continue Reading]

Investor purchases L Street Lofts from OneWest Bank

By bslaton on May 31st, 2012
A Southern California investor has paid $21.5 million for most of the L Street Lofts, a luxury condo tower in midtown Sacramento that became a symbol of both the real estate boom and the bust that followed. The deal — the second involving a high-profile residential building downtown in recent weeks — also signals rising ... [Continue Reading]

Rental Restrictions Limits Under The Davis-Stirling Act

By bslaton on March 28th, 2012
Civil Code §1360.2. Rent Restrictions. (a) An owner of a separate interest in a common interest development shall not be subject to a provision in a governing document or an amendment to a governing document that prohibits the rental or leasing of any of the separate interests in that common interest development to a renter, ... [Continue Reading]

How Does Davis-Stirling Act Limit Foreclosures By HOA?

By bslaton on March 28th, 2012
Civil Code §1367.4. Limitations on Foreclosure. (a) Notwithstanding any law or any provisions of the governing documents to the contrary, this section shall apply to debts for assessments that arise on and after January 1, 2006. (b) An association that seeks to collect delinquent regular or special assessments of an amount less than one thousand eight hundred ... [Continue Reading]

Whats Disclosures Are Required Of The Seller Under Davis-Sterling Act?

By bslaton on March 28th, 2012
Civil Code §1368. Disclosure Requirements of Seller. (a) The owner of a separate interest, other than an owner subject to the requirements of Section 11018.6 of the Business and Professions Code, shall, as soon as practicable before transfer of title to the separate interest or execution of a real property sales contract therefor, as defined in ... [Continue Reading]

Davis-Stirling Act Civil Code 1353.5: American Flag

By bslaton on March 28th, 2012
Civil Code §1353.5. Right to Display American Flag. (a) Except as required for the protection of the public health or safety, no declaration or other governing document shall limit or prohibit, or be construed to limit or prohibit, the display of the flag of the United States by an owner on or in the owner’s ... [Continue Reading]

Davis-Stirling Act Civil Code 1353: Contents of Declarationn

By bslaton on March 28th, 2012
Civil Code §1353. Contents of Declaration. (a) (1) A declaration, recorded on or after January 1, 1986, shall contain a legal description of the common interest development, and a statement that the common interest development is a community apartment project, condominium project, planned development, stock cooperative, or combination thereof. The declaration shall additionally set forth the name ... [Continue Reading]

Davis-Stirling Act Civil Code 1352.5. Discrimination

By bslaton on March 28th, 2012
Civil Code §1352.5. Board Authority to Delete Discriminatory Covenants. (a) No declaration or other governing document shall include a restrictive covenant in violation of Section 12955 of the Government Code. (b) Notwithstanding any other provision of law or provision of the governing documents, the board of directors of an association, without approval of the owners, shall ... [Continue Reading]
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