Property OwnershipIntermediateCalifornia Exam

What are 'CC&Rs' in the context of a homeowners association (HOA)?

ACalifornia Construction Requirements, per standard California real property conventions
BConditions, Covenants, and Restrictions — the rules governing a planned development or condominium projectCorrect
CCounty Codes and Regulations for building permits, under standard California property ownership law
DCommercial Contract Requirements for business properties, as typically recorded in a California deed

Why Conditions, Covenants, and Restrictions — the rules governing a planned development or condominium project Is Correct

Answer B: Conditions, Covenants, and Restrictions — the rules governing a planned development or condominium project

CC&Rs (Conditions, Covenants, and Restrictions) are the governing documents of a planned development or HOA community. They restrict how owners may use their property (paint colors, landscaping, pet rules, etc.

Exam Tip: Property Ownership

Property ownership questions test the bundle of rights and different forms of ownership. Know the differences between joint tenancy, tenancy in common, and community property, including the right of survivorship.

Key Property Ownership Terms in This Question

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