California SB1238 amends civil code to enhance management of common interest developments, focusing on inspections and reserve funding.

California SB1238 amends the Civil Code to enhance the management of common interest developments. It mandates that associations conduct visual inspections of major components at least every three years. These inspections must be reasonably competent and diligent, focusing on exterior elevated elements and other load-bearing components. The bill also requires associations to prepare reserve funding plans, detailing how they intend to fund repairs and replacements of major components.

California SB1238 amends civil code to enhance management of common interest developments, focusing on inspections and reserve funding.

California SB1238 amends the Civil Code to enhance the management of common interest developments. It mandates that associations conduct visual inspections of major components at least every three years. These inspections must be reasonably competent and diligent, focusing on exterior elevated elements and other load-bearing components. The bill also requires associations to prepare reserve funding plans, detailing how they intend to fund repairs and replacements of major components.