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REAL ESTATE MARKETING RESTRICTIONS

"Market" and "marketing" mean listing, advertising, or obtaining or providing access to show the owner's interest in the development.

As provided for in Civil Code § 4730, any rule or regulation of an association that arbitrarily or unreasonably restricts an owner's ability to market his or her interest in a common interest development is void. Boards may not do any of the following:

1.  Impose an assessment or fee in connection with the marketing of an owner's interest in an amount that exceeds the association's actual or direct costs.

2.  Establish an exclusive relationship with a real estate broker through which the sale or marketing of interests in the development is required to occur (except for separate interests owned by the association).

Signage. Restrictions on real estate signage are allowed but are limited.

ASSISTANCE: Associations needing legal assistance can contact us. To stay current with issues affecting community associations, subscribe to the Davis-Stirling Newsletter.

Adams Stirling PLC