AB 739: Common interest developments: managing agent fees.

The bill aims to amend the Davis-Stirling Common Interest Development Act. It requires the board of directors of a common interest development association to review the fees charged by the managing agent annually. This review is to ensure transparency and accountability. The association must deliver a statement of these fees to a member upon written request. The statement will be delivered through electronic means. This bill aims to increase transparency and provide better information to members about the fees charged by the managing agent.