AB2692 - Common interest developments: reinstatement of terminated declarations: County of Los Angeles.

Assembly Bill No. 2692 CHAPTER 124 An act to add and repeal Section 4276 of the Civil Code, relating to common interest developments, and declaring the urgency thereof, to take effect immediately. [ Approved by Governor August 24, 2026. Filed with Secretary of State August 24, 2026. ] LEGISLATIVE COUNSEL'S DIGEST AB 2692, Irwin. Common interest developments: reinstatement of terminated declarations: County of Los Angeles. Existing law, the Davis-Stirling Common Interest Development (act), governs the creation and operation of common interest developments. The act requires a declaration to be recorded to create a common interest development, and authorizes the declaration to be amended pursuant to the declaration’s provisions or pursuant to processes specified in the act. This bill would establish a process for reinstating a declaration that has been terminated by operation of the provisions that set forth the initial term of the declaration. As a condition for reinstatement, the bill would require approval by the percentage of members that the declaration required for extending the term of the declaration. If the declaration does not specify that percentage, the bill would require approval by a majority of all members. The bill would make the declaration effective upon satisfaction of additional requirements, including certification of member approval and recording the declaration in the county recorder’s office. The bill would make the extension of the terms of the declaration equal to the number of years of the initial term of the declaration or 20 years, whichever is less. The bill would make the bill’s provisions applicable only to the County of Los Angeles and would repeal the provisions on January 1, 2028. This bill would make legislative findings and declarations as to the necessity of a special statute for the County of Los Angeles. This bill would declare that it is to take effect immediately as an urgency statute. Digest Key Vote: 2/3 Appropriation: NO Fiscal Committee: NO Local Program: NO Bill Text The people of the State of California do enact as follows: SECTION 1. Section 4276 is added to the Civil Code, to read: 4276. (a) Notwithstanding any other law, a declaration that has terminated by operation of the provisions that set forth the initial term of the declaration may be reinstated pursuant to this section if approved by the percentage of members required by the declaration for extending the term of the declaration. If the declaration does not specify the percentage of members who must approve the extension of the declaration, a declaration may be reinstated pursuant to this section if approved by a majority of all members. (b) Balloting on reinstatement shall be conducted in accordance with the governing documents, this act, and any other applicable law. A reasonably diligent effort shall be made to permit all eligible members to vote. (c) The reinstatement of the declaration is effective after all of the following requirements have been met: (1) The reinstatement of the declaration has been approved by the percentage of members specified in subdivision (a). (2) Approval by the members has been certified in a writing executed and acknowledged by the officer designated in the declaration by the association for that purpose or, if no one is designated, by the president of the association. (3) The declaration has been recorded in the county recorder’s office. (d) The extension of the terms of the declaration made pursuant to this section shall be equal to the number of years of the initial term of the declaration or 20 years, whichever is less. (e) Within a reasonable time after the reinstated declaration is recorded, the association shall deliver to each member, by individual delivery, pursuant to Section 4040, a copy of the reinstated declaration, together with a statement that the reinstated declaration has been recorded. (f) This section shall be applicable only to the County of Los Angeles. (g) This section shall remain in effect only until January 1, 2028, and as of that date is repealed. SEC. 2. The Legislature finds and declares that a special statute is necessary and that a general statute cannot be made applicable within the meaning of Section 16 of Article IV of the California Constitution because of the need to prevent displacement and promote the rebuilding of common interest developments that were damaged or destroyed as a result of the 2025 Palisades and Eaton Fires in Los Angeles. SEC. 3. This act is an urgency statute necessary for the immediate preservation of the public peace, health, or safety within the meaning of Article IV of the California Constitution and shall go into immediate effect. The facts constituting the necessity are: In order to prevent displacement and promote the rebuilding of common interest developments that were damaged or destroyed as a result of the 2025 Palisades and Eaton Fires in Los Angeles, it is necessary for this act to take effect immediately.