2014 Legislation: SB 1026 – Foreclosure Action Notices

SB 1026 would permit an association to serve an owner or owner’s representative with notice of a foreclosure action  to collect delinquent assessments by posting a copy of the notice on the owner’s separate interest in a manner most likely to give actual notice to the party to be served and mailing a copy of the notice, as specified.

Update: Bill amended on 4/28 to further clarify the foreclosure process. 

From the Legislative Counsel’s Digest:

This bill would allow, would, until January 1, 2019, authorize, under certain circumstances, an association governed by [ the Davis-Stirling Common Interest Development Act or the Commercial and Industrial Common Interest Development Act] to serve an owner or owner’s representative with notice of a foreclosure action to collect delinquent assessments by posting a copy of the notice on the owner’s separate interest in a manner most likely to give actual notice to the party to be served and mailing a copy of the notice, as specified. The bill would also, until January 1, 2019, authorize, under certain circumstances the notice of foreclosure to be published.